Asian equities rose, mirroring Wall Street’s gains, as weak US job openings data fueled expectations of a Federal Reserve interest-rate cut. Markets are pricing in a September cut and anticipating at least two reductions this year.
Mark Mobius, a pioneer of emerging markets investing, has died at 89. Known for decades at Franklin Templeton Investments, he championed opportunities across developing economies,
Declining DII shareholding across Nifty 500 stocks signals cautious sentiment, with investors trimming exposure in firms like Bank of India and Hindustan Petroleum Corporation amid
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