India-focused funds saw $78 million outflows in the fifth straight week, though redemptions eased from prior weeks, Elara Capital reported. ETFs drove all withdrawals, while long-only funds posted their first inflow in seven weeks, led by HSBC Global Investment Funds and Ashoka WhiteOak ESG Funds.
Sebi imposes Rs 10 lakh fine on Anand Rathi for violation of stock brokers’ norms
India’s market regulator Sebi fined Anand Rathi Share and Stock Brokers ₹10 lakh after inspections found multiple regulatory violations, including delayed glitch reporting, excessive capacity