Indian equities closed February on a weaker note as the Sensex and Nifty slipped, led by a sharp drop in IT shares amid concerns about AI-driven disruptions. Foreign institutional buyers returned, but domestic institutional purchases slowed. Geopolitical tensions and rich valuations kept risk sentiment under pressure, with analysts forecasting a continued uneasy tone in the near term.
NFO Alert: HDFC Mutual Fund launches HDFC Income Plus Arbitrage Omni FOF
HDFC Mutual Fund launched HDFC Income Plus Arbitrage Omni FOF, an open-ended scheme investing in arbitrage and debt-oriented funds. The NFO, open until March 11,