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Synopsis
Analysts at the fund house believe the market has run up quite a bit and any more uptick will require a solid financial performance from India Inc.
Most of these stocks saw a surge in the past months.
NEW DELHI: SBI Mutual Fund, India s largest mutual fund house, booked profits in Bandhan Bank and some of other banking names besides in some metal biggies even as it betted heavily in IPOs in December.
December buy-sell data for the fund house showed it sold 1.65 crore shares of Bandhan Bank and dumped 20-85 lakh shares of Vedanta, Tata Steel, Cholamandalam Investment & Finance, DLF, BPCL, Kotak Mahindra Bank and Bank of Baroda.
Here s what India s biggest mutual fund house is betting on
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Synopsis
Analysts at the fund house believe the market has run up quite a bit and any more uptick will require a solid financial performance from India Inc.
Most of these stocks saw a surge in the past months.
NEW DELHI: SBI Mutual Fund, India s largest mutual fund house, booked profits in Bandhan Bank and some of other banking names besides in some metal biggies even as it betted heavily in IPOs in December.
December buy-sell data for the fund house showed it sold 1.65 crore shares of Bandhan Bank and dumped 20-85 lakh shares of Vedanta, Tata Steel, Cholamandalam Investment & Finance, DLF, BPCL, Kotak Mahindra Bank and
Here are the top stocks to watch out for in today s session:
Antony Waste Handling: The shares of Antony Waste will list on bourses today; the issue price has been fixed at Rs 315 per share.
IDBI Bank: The lender sold 23 per cent stake in its life insurance arm to Ageas for Rs 507 crore. With this transaction, the stake of the Belgian partner in IDBI Federal Life Insurance has risen to 49 per cent, the upper foreign direct investment limit prescribed by the law.
Canara Bank: Canara Bank on Thursday said it has raised Rs 1,635 crore through bonds, to fund business growth.