In the June quarter, mutual funds boosted investments in leading IT stocks like Infosys and TCS, while FIIs reduced their stakes. Experts highlighted improved profits and positive future prospects driven by BFSI recovery and AI advancements.
Uday Kotak lauds MUFG stake buy in Shriram Finance but flags big question on next move
Uday Kotak welcomed MUFG Bank’s Rs 39,618 crore investment in Shriram Finance, questioning whether it should remain an NBFC or eventually seek a banking licence