Amidst falling interest rates and investor caution towards fixed income, money market funds are gaining traction as preferred short-term investment options. These funds, investing in high-quality, short-term instruments, offer attractive yields compared to savings accounts and fixed deposits, coupled with high liquidity. Investors should prioritize funds with AAA-rated exposure and consistent performance.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO