All equity mutual funds having exposure of over 10 per cent in HDFC Bank shares after the HDFC twins merger, they will have to cut down their stake, how they will do it ?Obvious NIFTY SENSEX will be heavy hit ,if Mutual Fund sell in Bulk .
HDFCBANK's heavy weightage in NIFTY is also issue ,so What portfolio mangers doing is , those who sell HDFC/HDFCBANK to keep exposure below 10% moving that money to other stocks of NIFTY and SENSEX
Just see yesterday's(5/7/2023) move of BAJFINANCE ,today's move of RELIANCE all point towards same pattern.
INDEX MANAGEMENT / STOCK MANAGEMENT IN FULL SWING
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