Despite market gains in June, fund managers adopted a cautious approach, selectively deploying capital. They favored financial institutions like L&T Finance and AU Small Finance Bank, alongside domestic pharma companies such as Laurus Labs and Divi’s Laboratories. AMCs also showed interest in stocks like Asian Paints and Infosys, indicating measured optimism across diverse sectors.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid