During India’s March selloff, mutual funds are estimated to have deployed about Rs 80,000 crore into equities, cutting back cash holdings as they moved to offset heavy foreign institutional investor selling. The purchases arrived during an over 11% market correction and amid rising crude oil prices tied to the Gulf crisis, underscoring a sharp inverse link between oil and Indian equities.
Groww is seeing a spike in trading activity as foreign investor selling and global tensions rattle markets, even while the company reports strong profit and revenue growth. The surge appears to be fueling short-term platform activity, but sustained FII outflows could weigh on new user growth and slower asset inflows over the medium term.
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