In July, fund managers recalibrated their blue-chip stock portfolios, focusing on select sectors like IT, automotive, and pharmaceuticals for increased investments. Notably, financial services, particularly non-banking financial companies (NBFCs) and private lenders, received a surge in fund inflows. Conversely, stakes in public sector banks such as SBI and Bank of Baroda saw a decline, a strategic choice that underscores a preference for industries with stronger earnings visibility.
Yen’s slide to weekly loss prompts bets for another intervention
The Japanese yen is facing its steepest drop in three months, prompting traders to expect more government action to support its value. Key to this
August 14, 2026