Some wealth managers said high-pitch advertising and marketing by fund houses and distributors along with strong returns from equity schemes have led to strong money flows into NFOs. Many investors used the new fund to diversify their existing portfolios.
Hindustan Zinc shares can rally to Rs 660, says Jefferies after initiating with Buy. Here’s why
Hindustan Zinc share price surged after Jefferies initiated coverage with a ‘Buy’ rating, targeting Rs 660. Record silver prices and strong cost efficiency are driving