SBI Mutual Fund, ICICI Prudential, and eight other prominent asset management companies (AMCs) reduced their holdings in over 20 companies during January 2025.ET Bureau provided a snapshot of the key stocks where leading AMCs trimmed their positions, highlighting notable stake reductions that influenced market dynamics and sectoral trends.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj