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Market move● Neutral for Indian equities
Global equity funds attract $34.76 billion for a second straight week
The brief
- Global equity funds drew $34.76 billion in the week through September 30
- Inflows continued for a second straight week amid optimism around AI investment
- FIIs pull out $56 billion in two years, wiping out eight years of inflows; $177 billion DII buying, rising SIPs cushion Indian markets: Motilal Oswal
- $56 bn FII outflows in 3 years offset inflows since CY2019: MOFSL
- Bulls out of steam, it’s slow & steady on D-Street
- Rout in PB Fintech stock deals Rs 11,000 crore blow to mutual funds