Though Tata Chemicals has an ambition to incrementally increase its presence in specialty chemicals, the basic chemicals segment, which forms 75-80% of the revenue, will continue to influence the financials in the medium term.
HDFC Defence Fund topped equity mutual fund returns in March with 22%. PSU-themed funds followed, with Invesco India PSU Equity Fund and Aditya Birla SL
Indian markets rebounded on Wednesday after a two-day decline. The BSE Sensex gained 450 points, while Nifty50 closed above 23,200. FMCG, consumer durables, and realty
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