An equal-weight Nifty index has outperformed the broader Nifty over the past year, returning 15.14% compared to the Nifty’s 11.63%. This strategy benefited as underperforming blue-chip stocks, like TCS, Infosys, and RIL, had less influence. Fund houses have responded by launching several equal-weight index-based schemes.
Tata Steel shares fall 3% after fire breaks out at UK’s Port Talbot plant
Tata Steel shares dropped nearly 3% after a fire at its Port Talbot plant in the UK forced a temporary halt to operations. While emergency