 |
|
|
|||||
Despite market gains in June, fund managers adopted a cautious approach, selectively deploying capital. They favored financial institutions like L&T Finance and AU Small Finance Bank, alongside domestic pharma companies such as Laurus Labs and Divis Laboratories. AMCs also showed interest in stocks like Asian Paints and Infosys, indicating measured optimism across diverse sectors.
Category:
News and Media
Fund houses are increasingly launching passive funds, including ETFs and index funds, which replicate market indices for low-cost, diversified exposure. These funds are gaining traction as large fund houses expand their offerings, particularly in equity indices like Nifty 50 and S&P 500.
Category:
News and Media
ICICI Bank has challenged Mumbai International Airport's (MIAL) proposed rights issue, citing violations of prior agreements and potential dilution of lender interests. The bank's suit in Bombay High Court argues the issue breaches terms that protect pledged equity against dilution without consent. This dispute arises from loans secured by a stake in MIAL, now threatened by the rights issue.
Category:
News and Media
All news |
||||||||||||||||||
|
||||||||||||||||||