A sustained buying by the domestic funds limited the fall in the Indian equity market to 3% over the three months to December despite selling by foreign investors. According to the SEBI data, the three-month net cumulative inflow of domestic mutual funds was at a record high of Rs 53,718 crore while the outflow by foreign funds was Rs 38,271 crore, the highest since May 2020.
Can the defence sector continue firing after 100% gains?
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