Seven mutual funds have reduced their exposure in 21 midcap stocks in August. Mutual funds, add, exit or trim their exposure to actively manage their portfolio. Here is the detailed breakup, according to a report by Nuvama Institutional Equities.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.