Andrew Holland, CEO of Avendus Capital Public Markets Alternate Strategies, anticipates a pre-Budget rally in IT, banking, FMCG, and power sectors, aided by post-election gains, rural spending, and renewables. Key areas include consumer stocks, affordable housing finance, and power financers like PFC and REC. Power cables and the beverage sector also appear promising with increasing power orders.
Ashish Kacholia, Mukul Agrawal, others invest Rs 120 crore in IPO-bound Fusion CX
Ace investors Ashish Kacholia and Mukul Agrawal-backed Sanshi Fund, along with Kotak Mahindra Life Insurance, acquired a combined 3.19% stake worth Rs 120 crore in