Equity mutual funds experienced a downturn last week, with the majority of 573 funds reporting negative returns, some losing up to 5%. Global indices also reflected this trend, with Hang Seng, Dow Jones, Nasdaq, and S&P 500 all declining.
Indian stock markets are poised for a strong opening, extending Friday’s gains as GIFT Nifty surged. Optimism surrounding a potential resolution to the Iran-US conflict
Gold ETFs have delivered significant returns, with some offering up to 59% since the last Akshaya Tritiya. Tata Gold ETF led with a 59.42% return.
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