Mutual fund managers have slowed down equity purchases in India in July due to caution before the budget and rich valuations. Despite record inflows, they are waiting for policy clarity. Foreign investors continue to pump money into Indian stocks, making it a key factor in the market.
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%
BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wars.