Quant Mutual Fund doubled its cash holdings in July, raising it to Rs 12,269 crore from Rs 5,861 crore in June. The Small Cap Fund had the highest cash allocation at Rs 3,223.24 crore. The total equity assets managed by the fund house reached Rs 75,186 crore as of July 2024, reflecting cautious market positioning.
Swiggy shares rally 6% on receiving approval for incorporation of new subsidiary
Swiggy’s shares rose after the company announced the incorporation of its new subsidiary Swiggy Sports Private Limited, approved by the Ministry of Corporate Affairs. The