Asian stocks rose on optimism about potential stimulus measures from China, following positive comments from Federal Reserve policymakers. Japanese, South Korean, and Hong Kong markets saw gains. Investors are also awaiting key US economic data later this week. Meanwhile, oil prices edged higher amid geopolitical tensions in the Middle East.
9 equity mutual fund categories saw over 20% surge in AUM in 2024
The AUM of sectoral and thematic funds went up by 74% in 2024 from Rs 2.71 lakh crore in January to Rs 4.72 lakh crore