Equity mutual funds see outflows for 8th straight month in Feb
Equity and equity-linked mutual fund schemes saw a net outflow of over Rs 10,000 crore in February. As per data furnished by the Association of Mutual Funds in India (AMFI) on Tuesday, the net outflow stood at Rs 10,468.02 crore in February. In January, net outflow stood at Rs 9,253.22 crore from Rs 10,147.12 crore in December. Read more
Global stocks recover on retreat in US yields
Global stocks steadied on Tuesday, supported by stronger U.S. equity futures and a decline in U.S. and European bond yields.