The gross buy-to-sale ratio of local funds rose to 1.12 in January compared with the long-term average of 1.07. The latest investment figures suggest that the inflow for mutual funds remained strong in January. The data on inflow will be reported by the Association of Mutual Funds in India (AMFI) on Thursday.
Nasdaq rebounds but posts fourth straight weekly decline
On Friday, technology stocks saw a significant rebound, boosting investor optimism about growth in artificial intelligence amidst recent market fluctuations. The semiconductor sector soared, primarily