Monday, June 24, 2024

PrimeInvestor issues exit call on Quant MF schemes

PrimeInvestor said the risk of such front running news is two-fold. One, there will be redemption pressure on the AMCs' funds; and secondly, the stocks (if disclosed or rumoured) on which such front-running was allegedly done may come under selling pressure, it said.

from Economic Times https://ift.tt/SKHR8Ob
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US stock: S&P 500 ends lower as investors weigh data, Middle East tensions

The S&P 500's streak came to an end, falling from its peak as weaker retail sales suggested caution among consumers. Despite a stron...