Drop in Infosys stock breeds caution among fund managers

Corrective measures are already being taken by fund managers - overall allocation to the IT firm has been pruned by 120 basis points, from 4.43 per cent in March to 3.24 per cent in July A 20 per......

It's time to turn bullish on US-based funds

Most financial planners insist that as a diversification strategy, one should keep an exposure of 10 per cent to international or sector funds. But the case for increasing this exposure to 15-20......

IndiGo shares worth Rs 120 crore sold!

This came even as the airline recorded the fastest domestic passenger growth rate of 26 per cent. Several top fund managers have exited the counter of InterGlobe Aviation, which operates the......

IT, pharma funds offer no returns over last one year

Worst performers among category funds, but beat sectoral indices Those who invested in defensive sectors like pharmaceuticals and IT (information technology) a year ago are staring at huge......