Dhirendra Kumar, CEO of Value Research, emphasizes the growing role of SIPs and NPS in equity investments. He advises new investors to start with aggressive hybrid funds to handle market volatility. Kumar underscores the importance of asset allocation and rebalancing, particularly after significant market growth post-COVID. Kumar says that most people think SIP is for return only. But it is much more than that.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of