The economic shock was anticipated in 2023 and we seem to be in a window right now where we are transitioning from the price shock into the economic shock –we are seeing issues within credit in US and the regional US banks.
Quant Mid Cap Fund added ITC, Lupin, and Aditya Birla Lifestyle Brands to its portfolio in May, while exiting Cochin Shipyard, BHEL, and Ipca Labs.
Edelweiss Mutual Fund adjusted its portfolio in May. The Radhika Gupta-led fund increased its stake in HDFC Bank, Reliance Industries and others. It reduced holdings
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