HDFC’s bond issue, which may have an additional subscription option of up to ₹5,000 crore, may see the rate of interest being set around 7.80%, market sources said.
Mutual funds reduced holdings in 10 major companies in December, with the highest selling in HDFC Bank (Rs 6,154 crore), followed by Voltas, HCL Tech,
Quant Small Cap Fund exited Mazagon Dock and reduced stakes in Cochin Shipyard and HUDCO. The fund increased exposure in Aster DM Healthcare, Juniper Hotels,
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