Value and contra mutual funds held significant cash levels as of July 31, 2025. DSP Value Fund topped with 17.8%, followed by Groww, SBI Contra, LIC MF, and ICICI Prudential Value Fund.
PSU bank stocks surged up to 8% on Monday, led by Punjab National Bank after its Q2FY27 earnings beat estimates. In contrast, private lenders such
Punjab National Bank shares rose sharply on Monday after the lender reported a 13% year-on-year rise in Q2FY27 net profit to Rs 5,532 crore. Stronger
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