The majority of the activity was in private banks and fi nancial services companies. Reliance Industries was another stock that changed hands between these fund houses. Money managers also cut their holdings in IT stocks, which face a hazy outlook in the wake of the economic uncertainty in the US.
FMCG, consumer discretionary set for festive boost; defence remains a long-term play: Sushant Bhansali
Sushant Bhansali highlights the positive impact of upcoming GST cuts on FMCG and consumer discretionary sectors, especially rural-focused companies. While short-term flows into defence may
August 18, 2025