ICICI Prudential Mutual Fund’s new Conglomerate Fund targets India’s largest promoter-led business groups, betting on their structural strength and diversified earnings for long-term wealth creation. The fund will balance mature cash generators with emerging growth engines, employing a dual-lens framework of structural strength and cyclical opportunity.
US Stock Market | Inside the Rally: What’s fueling Apple Inc. stock surge
Apple Inc. posted strong earnings, beating estimates with robust iPhone demand and services growth. AI optimism, global resilience, and shareholder returns boosted sentiment, though valuation