Seven mutual funds trimmed exposure in around 20 small-cap stocks in September, including HDFC, SBI, Kotak, Axis, Nippon, Quant, and ICICI Prudential, reflecting active portfolio management to optimize returns and reduce risk.
The consecutive falls that resigned Nifty to a close below lower bollinger band on Friday raises the prospects of a mean reversion move. Further, 20-week
Brent crude futures dropped $4.89, or 5.05%, to $91.89, after briefly falling below the key $90 support level earlier in the session. US West Texas
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