fund managers: MFs lap up commodity and metal stocks; some buy Kotak Bank, too

fund managers: MFs lap up commodity and metal stocks; some buy Kotak Bank, too

Fund managers made fresh purchases in companies that could benefi t from the strength in global economies, including the US. They increased exposure to metals, commodities and oil & gas. Fund managers believe the Fed is likely to cut rates later this year, which will lead the US dollar to depreciate resulting in rise in … Read more