News > Mutual funds bought these 10 shares including RIL, SBI, Infosys; Alert on tech shares
Mutual funds bought these 10 shares including RIL, SBI, Infosys; Alert on tech shares
Digit News | 16/01/2024 04:12 PM | Click to read full article
In 2023, Nifty gave returns of around 20 per cent. Expectations of the peak of the rate hike cycle, moderation in inflation, improvement in liquidity and steadily increasing retail participation in equities along with strong corporate earnings drove this performance. FII flows increased again in CY23 (inflow of USD21 billion as against inflow of USD17 billion in CY22). Meanwhile, mutual funds also made some changes in their stock strategy.