The first week of the month saw inflows of ₹4,970 crore as funds flowed into Indian debt in anticipation of a rate cut. The second week, however, saw outflows of ₹8,163 crore as a rate cut materialised and the rupee touched record lows, making Indian bonds less attractive to foreign investors, experts said.
Nifty records worst February month since Covid-19 with 6% loss
Nifty suffered its worst February decline since 2020, dropping 5.9% amid a broad sell-off, primarily in IT, auto, and pharma stocks. The index is down