With liquidity tightening likely to continue in #US and money being pulled out of the system, risky assets may find it difficult to outperform. Indian retail #investors should limit their exposure to equities and increase exposure to fixed income, says Mr Sandeep Bagla, CEO, TRUST Mutual Fund, in an interaction with Sanjay Kumar Singh.

Limit equity exposure and tilt portfolio towards fixed income, says Sandeep Bagla

Goldman Sachs Asset Management on Wednesday divested a little over 2 per cent stake in Anil Agarwal promoted-Sterlite Technologies for Rs 84 crore through an open market transaction.
Goldman Sachs Asset Management through its affiliate Goldman Sachs Funds - Goldman Sachs India Equity Portfolio sold 1.03 crore shares, amounting to a 2.13 per cent stake in Sterlite Technologies, according to BSE data.
The shares were offloaded at an average price of Rs 81.04 apiece, taking the deal value to Rs 84.10 crore.
Meanwhile, Bandhan Mutual Fund bought 60.11 lakh shares or 1.23 per cent stake in Sterlite Technologies for Rs 48.69 crore.
The shares were acquired at an average price of Rs 81 apiece.
Details of the other buyers of Sterlite Technologies' shares could not be ascertained on the BSE.
The stock of Sterlite Technologies fall 4.02 per cent to close at Rs 80.29 apiece on the BSE.

Goldman Sachs Asset Management through its affiliate Goldman Sachs Funds - Goldman Sachs India Equity Portfolio sold 10.3 million shares, amounting to a 2.13 per cent stake in Sterlite Technologies

According to the registration documents provided by CRE Matrix, a real estate data analytics firm, Tesla's new showroom is in Maker Maxity, with a rental of Rs 35 lakh per month

Two pioneers in the field of reinforcement learning, Andrew Barto and Richard Sutton, are the winners of this year's A M Turing Award, the tech world's equivalent of the Nobel Prize

PSCM, which has partnered with Tata Group to build the country's first semiconductor chip manufacturing facility at Dholera in Gujarat, is collaborating with the latter on multiple fronts, Chu said

Among the five states that allocate the highest proportion of their total expenditure to education, Bihar and Rajasthan stand out

The Rs 1,400 crore-project will be set up in Baddi-Barotiwala-Nalagarh (BBN), Solan district, and is expected to create 1,000 jobs

Modi also highlighted the government's initiatives in education, such as the new National Education Policy (NEP), expansion of Indian Institutes of Technology (IITs)

Govt plans to bring Jan Vishwas Bill 2.0 to decriminalise over 100 provisions, said FM Sitharaman at a post-Budget webinar on 'Regulatory, Investment and EODB reforms'

Russia-Ukraine War

The year 2022 is coming to an end and a lot has happened that shaped the world in the year. Let's have a look at some of these significant events

Google Messages

In January, Google rolled out end-to-end encryption in group chats for messages app users enrolled in the beta programme

Blend launches Blend Studio: AI tool for ecommerce photography

New Delhi [India], March 16 (ANI/PNN): Blend, an AI-powered design and photography application for DTC brands and ecommerce sellers, recently launched Blend Studio - the Chat GPT for product photos.

Celebrity and Travel Photographer Rahul Lokare from Flamingo Productions creates waves of change in the world of photography.

Xiaomi 13 Pro

Priced at Rs 79,999 for the 12GB RAM and 256GB on-board storage, the Xiaomi 13 Pro offers a novel imaging experience on top of a premium package

Limit equity exposure and tilt portfolio towards fixed income, says Sandeep Bagla

Other Videos

Latest News

In this section

All

Most Popular

Read

Shared

Commented

Explore News