With the festival season round the corner and improving domestic consumption reflected in increasing passenger traffic, gold purchases and improving credit demand, these companies are likely to have superior earnings at least for the next two quarters.
Fund managers bought into companies like , , , , , and . Mutual and Kotak Mutual made fresh purchases in Land Assets, a unit of state-owned BEML. While Mirae, Kotak and UTI bought , HDFC, Axis and Aditya Birla Sun Life were buyers of Mahindra & Mahindra.
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