Friday, December 15, 2023

IT, pharma likely to be biggest beneficiaries of FII inflows. Here#39;s why

IT, pharma likely to be biggest beneficiaries of FII inflows. Here#39;s why In Wipro, TCS, LTIMindtree and Infosys, FII stakes are 2-3 percentage points below the peak holding during rate hike cycle. For Tech Mahindra, the difference is as wide as 9 percentage points. With rate cycle turning, the view is big deal wins will soon resume from large clients

from Moneycontrol Market Outlook https://ift.tt/KIQFJ1g

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IREDA shares rise 1.1% as board announces meeting date for fund raise via QIP

IREDA shares rose by 1.1% to Rs 209.50 on news of a board meeting set for January 23, 2025, to approve fund-raising via Qualified Institutio...