Parents, who were happy with fixed deposits, are being tutored by children on other investment options. Investors, young and old, must be aware of the risks. Sridharan S, founder of investment adviser Wealth Ladder Direct, recalls a PSU banker, who watched his children make enormous profits from stocks during the Covid-time boom. When he decided to take the plunge, he ended up losing most of his retirement corpus.
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,