HDFC Defence Fund significantly boosted its holdings in Hindustan Aeronautics and Eicher Motors during March, adding thousands of shares to its portfolio. The fund also introduced Sedemac Mechatronics as a new investment while exiting Avalon Technologies. Its portfolio remains diversified across key defence and allied sector stocks.
Bleak Winter! Why analysts are hinting at painful October even after 8 weeks of Nifty correction?
The global backdrop remains the biggest problem. US yields above 5%, a firm dollar, higher crude prices and rupee weakness make India more vulnerable.