#UkraineRussiaCeasefire
*Market Updates*
*Sensex, Nifty Rise on Lower Inflation* –
Weaker US inflation reading and India's CPI falling to a 7-month low boosted hopes of policy relaxation, propelling Sensex and Nifty in initial trade.
*Momentum Funds in Free Fall* –
Top-performing momentum funds have fallen more than 20% in the last three to six months, with experts suggesting a long-term investment horizon.
*Blackstone on India-US Trade Talks* –
Blackstone CEO Stephen Schwarzman believes India is in a good position in the midst of global changes, terming the Modi-Trump trade negotiations a good beginning for economic relations.
*HDFC AMC Declines Further* –
Shares declined 3% as mutual fund inflows fell 26% in February, with SIP investments recording a 3-month low in the backdrop of continued market weakness.