Mutual funds reduced holdings in 10 major companies in December, with the highest selling in HDFC Bank (Rs 6,154 crore), followed by Voltas, HCL Tech, Hindustan Aeronautics, and Mphasis, indicating a shift in investment strategies.
Sensex, Nifty rally over 1% as IT stocks drive broad-based market gains
Indian stock gauges rose over one percent on Wednesday. Overseas fund flows are expected to shift into local technology companies. The Nifty and Sensex closed