Asian stocks showed mixed movements as traders looked past Wall Street’s rebound ahead of key US inflation data. Tokyo and Sydney saw slight gains, while Seoul experienced a decline. The S&P 500 rose 1.2% after a rough start to September. Focus shifts to upcoming US inflation data, with global economic concerns persisting.
Mutual fund NFOs: 6 new funds to open for subscription this week; ICICI Prudential MF to launch 3 life cycle funds
Around six new mutual fund schemes will open for subscription between August 24 and August 28. The upcoming launches include three target-date life cycle funds