Mutual funds invested over Rs 2,000 crore in Adani Group companies in July, with eight of the listed companies of the diversified conglomerate witnessing net buying while Ambuja Cement faced minor selling.
More importantly, the quantum of mutual fund buying has been consistently rising over the past few months. In June, the group saw Rs 990 crore net buying from mutual funds, which was higher than in May when the buying was pegged at Rs 880 crore.
Mutual funds invested over Rs 2,000 crore in Adani Group companies in July, with eight of the listed companies of the diversified conglomerate witnessing net buying while Ambuja Cement faced minor selling.
More importantly, the quantum of mutual fund buying has been consistently rising over the past few months. In June, the group saw Rs 990 crore net buying from mutual funds, which was higher than in May when the buying was pegged at Rs 880 crore.
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