PSUs: MFs prune stakes in PSUs following stellar bull run

Mumbai: Domestic mutual funds reduced their exposure to many public sector stocks in the March quarter following a sharp rally in the pack over the past year. Of the 25 public sector undertakings (PSUs) that published their shareholding for the March quarter, 11 saw a decline in mutual fund holdings, while only three stocks saw …

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Mid-cap: Mid-cap & small-cap fall raises volatility, margin call concerns

Mumbai: Mid- and small-cap stocks tumbled on Monday as heightened concerns that the recent run-up in several of them – especially public sector companies – has been excessive, and prompted investors to aggressively cut their bets. If the decline in share prices continues, it could result in margin calls by brokers – a situation where …

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