Yes Bank tops mutual fund purchases in February

livemint.com

In February, mutual funds significantly increased their holdings in Yes Bank and IDFC First, with Yes Bank seeing the highest net buying. IDFC First's stake rose by 18.1%, while mutual funds held 33.13 crore shares of Yes Bank. Conversely, mutual funds reduced their stakes in HUDCO and Mazagon Dock. HUDCO's holdings fell by 35.8%, and Mazagon Dock's decreased by 13.1%. Other notable sell-offs included Voltas, Muthoot Finance, and UPL. Overall, Yes Bank, IDFC First, Prestige Estates, Bandhan Bank, and AU Small Finance were the top mid-cap stocks bought by mutual funds, while HUDCO and Mazagon Dock were the most sold.


With a significance score of 2, this news ranks in the top 46% of today's 17092 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 9000 minimalists.


loading...