Mutual funds aggressively booked profits in April, offloading an estimated Rs 17,000 crore from 10 major stocks like HDFC Bank and Wipro. This strategic sell-off occurred amid concerns over earnings risks, geopolitical uncertainty, and stretched valuations, even as many of these stocks saw significant rallies.
Small & midcaps rally! Coforge, Ola Electric, FirstCry & other stocks jump up to 7%
Small and midcap stocks rose sharply on Tuesday, lifting broader markets and outperforming benchmarks. Coforge led midcap gains, while Ola Electric topped the smallcap chart.