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Asset management companies have seen significant stock gains this year, fueled by record inflows and expectations of relaxed regulations. However, analysts caution that increasing industry competition and stretched valuations may moderate future gains. New entrants and potential listings could further intensify competition, potentially leading to a correction in AMC stock prices.
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Indian equity markets experienced a second consecutive day of losses due to escalating tensions between the US and India over tariffs. The NSE Nifty and BSE Sensex both declined by 0.9%. Investors are cautious amid a lack of positive triggers, with banking and IT sectors underperforming. Foreign portfolio investors continue to sell shares, contributing to the market's bearish sentiment.
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Activists in Querétaro criticise state government for prioritising the data processing needs for US tech firms over their own citizens
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News and Media
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