Asian stocks opened higher, mirroring record highs in US and global equities following the Federal Reserve’s interest-rate cut. SoftBank Group saw a significant jump, while caution lingered for some tech names despite the broader rally. The market anticipates continued momentum into year-end and potentially 2026.
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