Foreign investors reduced holdings in top private banks over the past year. They increased stakes in select public sector lenders, showing a notable shift. This trend reflects closing performance gaps between public and private banking sectors. Analysts note diminished premiums for private banks as public ones improve. Investors now focus on individual bank performance rather than just sector.
Only 2 of 23 mutual fund themes gained in August; IPO, defence stay green as auto, railways and tech slide : Report
Only two of 23 mutual fund themes, IPO and defence, gained in August as domestic equities faced broad-based pressure, according to Vallum Capital. Auto, railways