For mutual fund investors, an unchanged repo rate amid high food inflation and global market volatility offers a mixed opportunity. Debt fund investors can expect stable yields and potential gains from anticipated rate cuts. Equity investors should focus on sectors that are resilient to inflation and market fluctuations. Hybrid funds provide a balanced strategy, reducing risks from both debt and equity markets.
Dollar flat near one-week high as investors await Warsh’s Jackson Hole debut
The euro and sterling were subdued near one-week lows against the greenback, last at $1.1652 and $1.3597, respectively, though both remained on track for a