For new investors, especially students and young professionals with modest amounts like Rs 10,000, a Systematic Investment Plan (SIP) is generally recommended over a lump sum. Financial expert Harshvardhan Roongta advises SIPs to gradually enter the market, build discipline, and average investment costs. He suggests starting with low-cost index funds for long-term wealth creation.
Swiggy shares fall 2%, down for 3rd session, as MSCI set to remove stock from Global Standard Indexes from September 7
Shares of Swiggy experienced a decline following MSCI’s decision to exclude the company from global indexes, prompted by its shift to full Indian ownership and