Six AMCs saw their AUM rise by over Rs 7,000 crore in June, according to ACE MF data. SBI Mutual Fund led the pack with an increase of Rs 14,192 crore, followed by Aditya Birla Sun Life, HDFC, Invesco, Nippon India and HSBC Mutual Fund.
GAIL shares jump 4% as Q2 net profit rises over 8% to Rs 4,650 crore, revenue grows 17%
GAIL shares rose nearly 4% after the company reported strong second-quarter profit and revenue growth, supported by its gas marketing and transmission businesses. Investor sentiment