Vodafone Idea shares have dropped 16% in a month and 20% this year, following Goldman Sachs’ negative outlook. The brokerage firm predicts further market share loss despite recent capital raises. Analysts suggest the stock is volatile with support at Rs 11.80, but caution about potential further declines.
Mutual fund NFOs: 6 new funds to open for subscription this week; ICICI Prudential MF to launch 3 life cycle funds
Around six new mutual fund schemes will open for subscription between August 24 and August 28. The upcoming launches include three target-date life cycle funds