Morningstar report shows offshore India funds see worst outflows since Covid crash

India-focused offshore funds see sharpest outflows since Covid era, Morningstar report cites high valuations, global risks and market correction as key drivers.

India-focused offshore funds see sharpest outflows since Covid era, Morningstar report cites high valuations, global risks and market correction as key drivers.

Barring a minor recovery on Wall Street, the market has not read much into the post by US President Donald Trump. Crude Oil prices are marginally lower on Tuesday, though they continue to remain at elevated levels.

US authorities dropped criminal charges against Gautam Adani, putting Adani Group stocks in focus as several key firms have delivered strong gains this year.

The proposed relaxation will apply only to institutional investors, while the requirement to maintain all records, including call recordings, will continue for retail clients, Sebi suggested.

Shares of Puravankara Ltd ended at ₹214.25, up by ₹0.65, or 0.30%, on the BSE.

Shares of Indian Oil Corporation Ltd ended at ₹131.85, down by ₹2.70, or 2.01%, on the BSE.

Shares of Lupin Ltd ended at ₹2,248.00, down by ₹25.90, or 1.14%, on the BSE.

Shares of Zee Media Corporation Ltd ended at ₹7.76, down by ₹0.19, or 2.39%, on the BSE.

Global insurers are expanding aggressively in India after 100% FDI approval opened access to one of the world’s largest underinsured markets.

Revenue grew 26.3% to ₹680 crore from ₹538 crore in the same period last year. However, margins declined to to 18.8% from 22.4% YoY. Shares of Triveni Turbine Ltd ended at ₹595.40, down by ₹11.45, or 1.89%, on the BSE…