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​For Tata Largecap fund, an overweight exposure to financial services and capital goods contributed to the outperformance, says Chandraprakash Padiyar, senior fund manager - equity at the fund house.

One can expect markets to consolidate for some time here, which can mean interim corrections of 5-7% on Nifty. However, we remain overall quite bullish with a 12-month plus perspective. We believe the next decade is of India.

GoFirst’s creditors have approved a business plan for revival of the airline. As part of the business plan, Go First’s RP has sought Rs 425 crore of interim finance. The airline, which filed for insolvency last month, told the regulator that it requires Rs 400 crore to resume flying

Well, I think it is great news that these block deals are happening and I am not too perturbed about exits which are taking place because clearly I think the stock is going into stronger hands for one.

SBI has actually broken down. It should not have traded below 563 and it has traded below it. And it was pretty obvious to me that the move from the March lows was only a corrective move.

Several large investors and funds, including Canada Pension Plan Investment Board (CPPB), Abrdn Investment Management, TPG, Warburg Pincus, General Atlantic, Carlyle, Sequoia Capital, T. Rowe Price International, Norges Bank, and Fairfax, among others, have raised hundreds of crores by selling shares in June.

​​"We are recommending these stocks as a contra bet on the global cyclical sector and it is recommended to accumulate the stock in parts over the next few weeks," said SBI Securities in a note on Friday.

Under the resolution framework, the company management had approved the transfer of four road assets (BKEL, BAEL, JIICL, and JRPICL) to the InvIT of ₹5,500 crore, though lenders have been slow in approving the restructuring proposals for these assets.

The capital markets regulator has proposed sweeping changes to the total expense ratio or TER - the annual fee that mutual funds collect from unit holders - that will result in the cost of investing their schemes declining. Some of these suggestions have met with strong opposition from mutual funds and intermediaries like distributors, who fear the moves would impact business in a big way.

A central counterparty enables trades between different entities for contracts in various segments of financial markets. The LCH, one of the largest players in the global interest-rate swap market, facilitates transactions in more than a dozen international government debt markets.