Markets slide in August: US tariffs, Russia-Ukraine war hit equity; GST reforms offer cushion
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Indian equity markets faced headwinds from US tariff hikes and the Russia-Ukraine conflict, partially offset by GST reforms. Bond yields rose as the RBI held rates steady. Despite market weakness, a sovereign credit rating upgrade provided some support. Equity funds saw mixed performance, while debt funds delivered positive returns across all timeframes. Passive funds outperformed in the last year. What's Your Reaction?
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