: Latest #StockMarketNEWS by #MunafaSutra daily updates Market correction prompts MFs to cut exposure to banks,

@StockMarketNEWS Thu 23 Apr, 2020

Latest #StockMarketNEWS by #MunafaSutra daily updates

Market correction prompts MFs to cut exposure to banks, invest in pharma
Fund managers say reduced exposure to banking can be attributed to a combination of factors

Covid-19 impact: Life Insurer's new business premium declines 32% in March
For the month of march, the new business premiums of life insurance companies stood at rs 25,409 crore compared to rs 37,459 core in march 2019.

Franklin MF shuts 6 debt schemes over redemption pressure, liquidity crunch
Mf distributors fear investors could start to withdraw their investments in large quantum from debt schemes, following franklin templeton's move

Covid-19 turbulence: FPIs turn risk averse, prune holdings in Indian firms
The trend comes on the back of a rs 55,000-crore fpi sell-off during the march quarter

Covid-19 impact: Demand, pricing pressures to weigh on Coal India
Costs unlikely to fall; does not bode well for earnings

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