Axis Bank, L&T, Thermax: Chris Wood rejigs India equity portfolio

Christopher Wood, global head of equity strategy at Jefferies has rejigged his equity portfolios. Illustration: Uttam Ghosh/Rediff.com In his Asia ex-Japan long-only portfolio, he has added Axis......

Markets bounce back from intra-day lows; settle higher on fag-end buying

Equity benchmark indices bounced back from intra-day lows to settle in the positive territory on Thursday helped by fag-end buying. Photograph: Francis Mascarenhas/Reuters In a volatile trade amid......

Sensex ends down 208 points on weak global trends

Benchmark stock indices closed lower on Wednesday, snapping their three-day gaining streak following profit-taking in financials, metal and oil shares amid a bearish trend in the global markets.......

Mutual funds warming up to REITs, InvITs investments

The value of MF exposure to REITs and InvITs which was at Rs 734 crore at the end of March 2020, rose to Rs 5,200 crore by the end of March 2023. Illustration: Dominic Xavier/Rediff.com Mutual......