Investors looking to build long-term wealth through Systematic Investment Plans (SIPs) in mid-cap mutual funds should ideally stay invested for a decade, financial experts said, as the probability of earning double-digit returns is the highest over a 10-year horizon.A WhiteOak Capital study, reported ET, found that investors who stayed invested in mid-cap funds through SIPs…
Riding on the festive shopping wave, Unified Payments Interface (UPI) transactions soared to an all-time high of Rs 27.28 lakh crore in October, clocking 20.7 billion transactions, according to data from the National Payments Corporation of India (NPCI), reported PTI.This marks a 9.5% month-on-month rise in transaction value from Rs 24.9 lakh crore in September…
Gold stayed close to the $4,000-an-ounce mark on Monday, recovering from early losses after China moved to limit a tax rebate that has long benefited the country’s retailers and jewellery makers. The metal initially slipped by as much as 1% in Asian trading, but later regained ground, with bullion for immediate delivery up 0.2%, according…
Berkshire Hathaway is holding on to more cash than ever, highlighting a cautious stance in the equity markets even as the company posts strong quarterly earnings.The conglomerate, led by Warren Buffett, reported that its cash balance has reached $381.7 billion, the highest in the firm’s history. The figure swelled further after the company continued to…
Top stocks to buy (AI image) Stock market recommendations:According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are Ashoka Buildcon, and Sobha. Here’s his view on Nifty, Bank Nifty for the week starting November 3, 2025:Nifty View:Nifty spent the week consolidating after an exceptional October…
Gold futures opened the week on a stronger note, helped by safe-haven buying as investors reacted to fresh geopolitical tensions. Reports suggesting that US President Donald Trump may move to restrict exports of advanced artificial intelligence hardware to China lifted sentiment in the bullion market, prompting traders to hedge against potential volatility. On the Multi…
US President Donald Trump has warned that the American economy could face severe damage if the Supreme Court overturns his tariff policy. In an interview at CBS’s “60 Minutes,” Trump was asked what will happen if US Supreme Court invalidates tariffs.”“I think our country will be immeasurably hurt. I think our economy will go to…
Prime Minister Narendra Modi inaugurated the Emerging Science & Technology Innovation Conclave (ESTIC) 2025 at Bharat Mandapam in New Delhi on Monday.Addressing the gathering, the Prime Minister said, “Today is also a big day in the world of science and technology. In the twenty-first century, there was a great need for experts from around the…
Asian stocks advanced on Monday, kicking off the the week on the back of AI optimisim, after Wall Street saw another tech led rally.Hong Kong’s HSI jumped to 26,043, adding 136 points or 0.53%. Kospi also traded up 2.4%, reaching 4,209 at 9:25 AM IST. Shanghai also traded in green, reaching 3,956.Shenzhen, sank 1%, down…
Jefferies has a buy on Adani Power with the price target at Rs 195. Analysts said the company’s Sept quarter earnings before interest, taxes, depreciation and amortisation (EBITDA) was 4% lower than expectation due to lower utilisation on weak power demand. They also feel the recent thermal tariff power purchase agreements (PPAs) are being signed…
