The majority of the activity was in private banks and fi nancial services companies. Reliance Industries was another stock that changed hands between these fund houses. Money managers also cut their holdings in IT stocks, which face a hazy outlook in the wake of the economic uncertainty in the US.
IT sector faces limited upside amid global uncertainty and tariff risks: Sandip Sabharwal
I would think that the downsides could be limited for many of these companies given the fact that they are zero debt, most of them,
April 25, 2025