Some wealth managers said high-pitch advertising and marketing by fund houses and distributors along with strong returns from equity schemes have led to strong money flows into NFOs. Many investors used the new fund to diversify their existing portfolios.
Axis Securities turns bullish on SAIL, upgrades to ‘buy’ with Rs 130 target
SAIL shares: The brokerage firm believes that SAIL is more sensitive to steel and coking coal prices. A Rs 1,000/t rise in Hot Rolled Coils