Mid-cap and small-cap stocks, which had recently outperformed, experienced declines as investors grew concerned about high valuations. Profit-taking occurred after significant gains in May, with indices falling. Despite potential further declines, analysts suggest buying quality stocks during dips, as domestic liquidity and limited global impact offer optimism.
Kotak Mahindra MF, Citigroup, others buy 10.64% stake in Home First Finance for Rs 1,307 crore
Kotak Mahindra MF, Fidelity, Morgan Stanley, and Citigroup Global Markets Mauritius are among those entities that collectively bought a 10.64 per cent stake in Home