Equity mutual funds lost up to 14% in March, with all 299 schemes in the category ending in the red. As many as 224 funds posted double-digit losses during the month. Here’s a detailed break-up (Source: ACE MF).
Gurmeet Chadha has urged the government to revisit capital gains tax and STT, citing sustained foreign capital outflows. He claims India is losing nearly $1
Banking stocks have slumped up to 32% over three months, underperforming the Nifty amid FII outflows, rising oil prices and rate concerns. Brokerages remain selective,
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