The ratio of active fund inflows to passive funds dropped to its lowest level in 18 months at 0.4 to one in August, compared with last one-year average of 1.13:1, data from Association of Mutual Funds in India (AMFI) show.
Coforge shares rose 13% since May 5, outperforming the BSE IT index, driven by strong revenue growth, record deal wins, and margin expansion in Q4
Asian shares experienced an upswing, mirroring Wall Street’s significant rally driven by improved US consumer confidence and a global bond surge. Japan’s stock market led
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