Faster rate hikes by the Reserve Bank of India (RBI) and the US Fed are likely to keep bond yields elevated in H2 2022 with growth remaining steady and borrowing costs still low.These catalysts provide tailwinds to Value sectors as they are positively correlated to rising growth and increasing yields.
LIC cuts stake in 16 PSU stocks as portfolio soars to Rs 14 lakh crore
LIC cuts stakes in 16 PSUs, profit booking seen. Portfolio value surges to Rs 14 lakh crore in 2024, up by Rs 1.6 lakh crore.