Mutual funds have raised their stakes in ten key companies from the Nifty200 index during Q1 FY25. Stocks such as Mphasis, Gland Pharma, and Indus Towers saw significant increases. Other notable climbs were registered in Vodafone Idea, Jubilant FoodWorks, and Kotak Mahindra Bank, indicating growing investor confidence.
Dollar jumps as Fed holds rates but projects one hike later this year
The dollar strengthened as the Federal Reserve held interest rates steady but signaled a potential hike later this year, with policymakers raising inflation projections. New