“The MF industry has been seeing redemptions because people have been booking profits for their investments over the past years. Minus SIP flows, gross lump sum flows minus redemption, generally it is a negative number. That has made the AUM come down. Also, as the corporate capex cycle revives, corporates which had parked their surpluses have been drawing down.”
Citi downgrades US stocks to ‘neutral’ as AI sell-off, regulatory risks mount
Citigroup strategists have downgraded US equities to neutral due to ongoing market volatility and regulatory concerns. This decision follows a significant sell-off that erased $3
November 9, 2026