Global markets are navigating geopolitical tensions with surprising resilience, particularly in the US. Despite initial fears, financial assets show a weakening correlation with oil prices, while US equities remain robust. The dollar’s strength is linked more to equity performance than oil, suggesting a shift in market focus towards corporate earnings and AI.
SBI Funds raises Rs 1,655 crore in a pre-IPO placement
SBI Funds Management secured ₹1,655 crore from investors before its IPO. This pre-IPO share sale occurred ahead of the company’s upcoming public offering. The asset