KFin Technologies and CAMS are well-positioned in the mutual fund industry despite their high valuations. With significant stock rallies over the past year, both companies benefit from a duopolistic market with high entry barriers. Analysts predict potential upsides of up to 26% for KFin Tech and 42% for CAMS.
US stocks: US market sinks as bond yields rise, Walmart results disappoint
The S&P 500 consumer discretionary sector was one of the biggest drags on the benchmark index, with megacaps including Amazon and Tesla among its biggest