Topic
market volatility
Finance Equity Mutual Fund Inflows Plunge 42% to Rs 24,697 Crore in July, Amfi Data Shows
Equity mutual fund inflows fell 42% year-on-year to Rs 24,697 crore in July, marking the 65th consecutive month of positive inflows. SIP contributions rose to Rs 31,961 crore, while debt schemes reversed June outflows, driving industry net inflow to about Rs 2.4 lakh crore, Amfi data showed.
Commodities Strait of Hormuz Closure: Fitch Says High Oil Prices a Temporary Shock as Supply to Return to Surplus
Fitch Ratings expects the Strait of Hormuz to reopen by end of July, bringing oil prices back to an average of $87 per barrel in 2026. The agency says the recent surge is a temporary logistical bottleneck, not a permanent supply loss, and markets will return to surplus from September.
Commodities Oil Prices Jump Over 3% as Iran-Israel Conflict Resumes, Straits of Hormuz Threatens Supply
Oil prices surged more than 3% on Monday as the Middle East crisis crossed 100 days with renewed Iran-Israel hostilities. WTI crude rose to $93.87/barrel and Brent to $96.36/barrel. OPEC+ approved a 188,000 bpd output increase for July, but analysts doubt it will ease supply fears due to the Strait of Hormuz blockade.
Business Sensex Plummets Amid Gulf Tensions, Foreign Outflows
The Sensex has fallen 2,200 points over four sessions due to escalating tensions in the Gulf region and significant foreign fund outflows. Investors are closely watching the upcoming RBI policy meeting for further market direction.