Mutual Funds dump IT stocks: Tech allocation hits 8-year low; Infosys, HCL Tech, Wipro among biggest losers – What it means for MF investors - Mutual Funds

Mutual Funds dump IT stocks: Tech allocation hits 8-year low; Infosys, HCL Tech, Wipro among biggest losers – What it means for MF investors – Mutual Funds

Mutual Fund Technology Sector: The technology sector’s weightage in domestic mutual fund portfolios slipped to an eight-year low of 6.7 per cent in April 2026, down 60 basis points month-on-month and 180 basis points year-on-year. (Image – Representational Image/ChatGPT) Mutual Fund Technology Sector: India’s mutual fund industry is rapidly reshaping its sector preferences. Once considered…

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Sheela Foam Q4 profit jumps nearly 7 times as margins improve sharply

Sheela Foam Q4 profit jumps nearly 7 times as margins improve sharply

Strong revenue growth and better cost control helped Sheela Foam post a sharp rise in quarterly profit and operating performance year-on-year. 1 Min Read Sheela Foam Limited reported a strong fourth-quarter performance, with net profit rising sharply to ₹91.3 crore from ₹13.1 crore in the year-ago period. The company’s revenue also recorded robust growth, increasing…

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During Trump's China visit, Anthropic just 'reminded' America why it should not sell top-end Nvidia chips to China: Since most ...

During Trump’s China visit, Anthropic just ‘reminded’ America why it should not sell top-end Nvidia chips to China: Since most …

Donald Trump and Xi Jinping Anthropic has released a new paper on AI competition between the US and China. In the more than 2000-word paper titled ‘2028: Two scenarios for global AI leadership’, Anthropic seeks to explains its views on the competition on AI between the US and China. It says that in the paper,…

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