Mutual funds increase exposure to banking, IT stocks amid outperformance

The performance of banking and information technology (IT) stocks has had a significant impact on the composition of diversified mutual fund (MF) portfolios. Illustration: Dominic......

Sensex, Nifty end in red on foreign fund outflows

Equity benchmark indices Sensex and Nifty stayed on the back foot for the third straight session on Wednesday as investors offloaded utility, capital goods and metal stocks amid foreign fund......

Sensex sinks below 81K amid widespread selloff

Equity benchmark indices Sensex and Nifty slumped over 1 per cent on Tuesday, weighed down by an across-the-board selloff amid cautious investors approach ahead of the US Fed interest rate......

WPI inflation down to 3-month low. Will RBI cut rate in Feb?

Wholesale price based inflation declined to a 3-month low of 1.89 per cent in November on cheaper food items, and experts predicted a 0.25 per cent interest rate cut by the RBI in the policy review......