Mutual funds cut cash holdings by Rs 13,000 crore in June to Rs 2.04 lakh crore, with PPFAS and Unifi maintaining highest cash-to-AUM ratios for strategic flexibility and redemptions.
Any relief rally in markets likely limited and temporary: David Roche
Global markets are reacting prematurely to geopolitical shifts, according to macro strategist David Roche. He argues that recent oil and equity market moves reflect speculation