Investors withdrew a massive $43.19 billion from U.S. equity funds, the largest outflow since December 2024, driven by concerns over high market valuations after a significant rally and a Federal Reserve rate cut. Large-cap and technology funds experienced substantial outflows, while bond funds continued to attract inflows for the 22nd consecutive week.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires