Equity mutual funds experienced a downturn last week, with the majority of 573 funds reporting negative returns, some losing up to 5%. Global indices also reflected this trend, with Hang Seng, Dow Jones, Nasdaq, and S&P 500 all declining.
Tech stocks pulled down the Nasdaq and S&P 500 due to valuation worries and concerns over AI spending, falling crude prices bolstered airlines and travel
Despite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set interest rate paths. While the truce offers
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