Banking and IT stocks have always remained one of the favourite segments for Asset Management Company (AMC) fund managers. This led to higher yield by mutual fund plans post-Covid as good number of IT and banking stocks managed to generate alpha return in the post-Covid rally. But, ahead of new year 2022, banking and IT stocks are under sell-off stress. In fact leading IT companies have given zero return in 2022. Similarly, banking stocks are unable to catch momentum.
Insurers receptive to covering chronic ailments, declare PEDs honestly
Read More