MFs cut holdings in 14 PSU stocks in February; seven of them see double-digit fall

March 15, 2024

Some public sector stocks faced corrections in mutual fund holdings, impacting companies like Indian Railway Finance Corporation and SJVN. Analysts caution against herd mentality, emphasizing valuation metrics over sector trends. However, defense and banking sectors show potential for growth.

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India’s IPO market is set for a quiet week, with just one fresh issue worth Rs 56.68 crore opening for subscription and no mainboard launches.

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Sebi to release FII compliance consultation paper within weeks, says chairman Tuhin Kanta Pandey

Sebi is likely to release a consultation paper on foreign investor compliance requirements within weeks, chairman Tuhin Kanta Pandey said. The proposed document will explore

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