Umesh Mehta of SAMCO Mutual Fund advocates consistent SIPs for navigating sideways markets, leveraging rupee cost averaging for double-digit returns. Despite recent market underperformance due to supply pressures and FPI outflows, India’s resilient economy and structural reforms support long-term growth. Investors should maintain discipline, focusing on SIPs and professional asset allocation for wealth creation.
US stocks: US market ends down sharply; worries about AI trade and high oil prices weigh
Wall Street faced a sharp decline on Friday as AI-related technology stocks came under renewed pressure. Concerns regarding debt-laden AI infrastructure companies affected investor sentiment
October 16, 2026