Mahindra Manulife is launching a BFSI sectoral fund, capitalizing on India’s demographic dividend and financialization of savings. The fund aims to leverage both cyclical lending rebounds and secular growth in non-lending businesses like insurance and asset management. Valuations in PSU banks are attractive, and capital market intermediaries offer growth potential as India transitions to a nation of investors.
US stocks: US market ends mixed as investors focus on Big Tech earnings
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major