Cement stocks saw a surge today. Manufacturers are likely to increase prices to cover rising fuel expenses. This move is expected to provide some immediate relief. Analysts suggest that despite ongoing global tensions, the cement sector remains fundamentally strong. Investors are advised to consider entering the market now, with UltraTech Cement, Ambuja Cement, and Dalmia Bharat highlighted as top picks.
RBI proposes easing rules for mutual funds, insurers to acquire higher stake in banks
The RBI has proposed one-time approval for mutual funds, insurers and pension funds to increase bank shareholding up to 10% without repeated regulatory clearance. The