Adani Entp, Bajaj Finance to Coal India: Top Nifty stocks MF bought in June

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In the large-cap segment, funds attracted net inflows of ₹2,067.48 crore in June, up from ₹1,592.93 crore in May. Funds were net buyers of 56 per cent of the Nifty 50 stocks.   Mutual fund stock picks: As investors poured more money into mutual funds, wealth managers stepped up purchases of stocks, particularly in private…

Iran war may cap loan growth at 10-12%: Ambit; likes HDFC Bank, ICICI Bank

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Analysts at Ambit Capital expect Iran war to slow bank credit growth to 10-12 per cent in bear case scenario, pressure margins, and cap liquidity. It prefers private bank stocks like HDFC & ICICI Bank The Iran conflict could cast a shadow on India’s banking sector outlook, warned analysts at Ambit Capital, with a prolonged…