In April, equity mutual funds witnessed a 16% decrease in inflows totaling Rs 18,917.09 crore. Sectoral/thematic funds had the highest inflow at Rs 5,166.05 crore, while large & mid cap funds also received substantial inflows.
Tata Power is set to raise ₹2,000 crore through a bond sale. This funding will support debt refinancing, renewable energy investments, and general corporate needs.
Asian markets opened lower mirroring losses in the US. Global investors adopted a risk-off approach. Technology stocks faced significant selling pressure. This sentiment impacted cryptocurrencies
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