Indian stock markets experienced a significant downturn. Overseas investors sold shares heavily, impacting the Sensex and Nifty. Rising crude oil prices and a weakening rupee added to investor concerns. Bank stocks also saw a sharp decline following regulatory changes. Global markets showed mixed reactions to geopolitical developments.
Looking for top-performing fund of FY26? Nippon India Taiwan Equity Fund wins crown with 171%+ return
Nippon India Taiwan Equity Fund emerged as the top-performing mutual fund of FY26, delivering over 171% returns, driven by a strong semiconductor and AI-led rally.