In February 2025, mutual funds increased holdings in private banks, NBFCs, healthcare, telecom, and metals, while sectors like media, capital goods, and infrastructure saw declines. Private banks led with an 18.5% weightage, making them the top sectoral choice.Read More
At least three large foreign banks sold dollars, helping lift the rupee, a trader at a mid-sized private bank said. Bids by state-run banks, however, kept a lid on further gains, traders said.Read More
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