Cash is king now! Mutual funds hoarding Rs 63,000 crore, Buffett $130 billion

After hitting a record high on December 1 last year, Sensex and Nifty have been on a losing streak. The sell-off which started with concerns over valuations and FII outflows amid rate hikes and China re-opening, got extended due to a crisis in Adani stocks and banking turmoil in the US.

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