Six AMCs saw their AUM rise by over Rs 7,000 crore in June, according to ACE MF data. SBI Mutual Fund led the pack with an increase of Rs 14,192 crore, followed by Aditya Birla Sun Life, HDFC, Invesco, Nippon India and HSBC Mutual Fund.
UltraTech Cement shares rose after the company posted a 17% year-on-year rise in Q1 FY27 consolidated net profit to Rs 2,599 crore and a 16%
Indian stock markets saw marginal losses on Tuesday as Sensex and Nifty traded flat. Broader markets, however, opened with modest gains, bucking the overall trend.
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