Insurance companies and NPS funds have decreased their combined investments in Indian equities by 45%. They invested ₹22,714 crore in the September quarter, compared to ₹41,465 crore prior. Higher bond yields and declining stock prices have shifted their focus towards debt instruments. Mutual funds, on the other hand, continue to invest heavily in equities this quarter.
Oil Price Today (October 15): Crude oil dips to $105 despite rising Middle East tensions. Here’s why
Brent crude futures declined $1.50, or 1.41%, to $104.55 a barrel, while US West Texas Intermediate (WTI) crude futures dropped $1.02, or 1.07%, to $94.07.