The gross buy-to-sales ratio for these funds also moderated to 1.1 in July compared with the one-year average of 1.2. The ratio depicts the strength of investment. The gross purchase of local funds at Rs 80,131 crore was the lowest in fourteen months.
Vedanta Power, Oil & Gas shares fall 3%; Vedanta Aluminium, Iron & Steel jump up to 5%. What lies ahead?
Vedanta’s demerger saw mixed fortunes for its listed entities. While Vedanta Power and Oil & Gas shares dipped, Vedanta Aluminium and Iron & Steel surged,