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
SECTIONS
Share
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