MFs cut holdings in 14 PSU stocks in February; seven of them see double-digit fall

MFs cut holdings in 14 PSU stocks in February; seven of them see double-digit fall

Are good days for public sector stocks nearing an end? It may not be the case for the entire pack but some of the stocks not only saw a double-digit correction but also a reduction in mutual fund holdings. Mutual funds reduced exposure in 14 public sector stocks in February, of which, seven of them … Read more

Breakout Stocks: How Bajaj Auto, NBCC and Nestle India are looking on charts for Friday’s trade

Breakout Stocks: How Bajaj Auto, NBCC and Nestle India are looking on charts for Friday’s trade

Indian markets closed in the red on Thursday for the second in a row. The S&P BSE Sensex fell by over 200 points while the Nifty50 managed to hold on to 19600 levels. Sectorally, buying was seen in auto, consumer durables, and FMCG stocks while metal, energy, oil & gas and power stocks saw some … Read more