Global markets are closely watching potential India-US trade deals and the US government shutdown’s end. Expert Andrew Freris expresses skepticism about the India-US trade deal’s longevity and impact, citing India’s low export dependence. He also remains cautious on US equities, questioning interest rate cut guarantees and highlighting the S&P 500’s narrow leadership.
NFO flows hit a 5-year low in June quarter, SIPs stay robust
New fund offer collections by asset management companies fell significantly. Funds raised through new fund offers reached a five-year low in June. This sharp decline