Around 42 mutual funds were sitting on Rs 1.36 lakh crore cash in April, according to data by ACE MF.
Nifty opened flat and traded within a narrow range, closing negatively at 24,205, noted Hrishikesh Yedve from Asit C. Mehta Investment Intermediates. He highlighted that
Elcid Investments’ dramatic surge was primarily driven by SEBI’s mandated special call auction for investment holding companies
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