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ICICI Prudential Mutual Fund trims stake to 7.12% in Kalpataru Projects International
ICICI Prudential Mutual Fund has decreased its stake in Kalpataru Projects International Ltd below 8% through open market transactions, selling 1,498,354 shares since December 2021.
Jio Financial Services Ltd spurts 0.28%, up for five straight sessions
Jio Financial Services Ltd is quoting at Rs 243.67, up 0.28% on the day as on 12:44 IST on the NSE. The stock is down 14.23% in last one year as compared to a 2.73% fall in NIFTY and a 0.85% fall in the Nifty Financial Services.

IKIGAI's Pankaj Tibrewal says opportunities now lie beyond the Nifty
IKIGAI Asset Manager's Pankaj Tibrewal sees a weaker rupee boosting India's export competitiveness, creating opportunities across auto parts, engineering, chemicals, textiles and electronics manufacturing.
FILA Group sells 7% stake in DOMS Industries for Rs 934 crore
Italian multinational FILA Group has sold a 7 percent stake in DOMS Industries for Rs 934 crore. SBI Mutual Fund and Axis Mutual Fund have bought a combined 2.13 percent stake for Rs 285 crore. FILA Group's shareholding in DOMS Industries has reduced. DOMS Industries manufactures stationery and art materials. The company's shares saw a rise after the transactions.

How to invest in crypto through SIPs
Crypto SIPs bring mutual fund style discipline to Bitcoin and Ethereum investing, using rupee cost averaging to manage volatility, but risks and regulation remain.
Financial Intelligence Unit puts large crypto OTC deals under scanner, asks exchanges for trade data
Indian financial authorities are examining large over-the-counter cryptocurrency trades. The Financial Intelligence Unit is requesting data from major crypto exchanges for transactions exceeding $10,000. This move aims to combat money laundering and track beneficial owners. These off-market deals are insulated from price volatility. The focus is on ensuring transparency and preventing illicit activities within the digital asset space.

DOMS Industries block deal: SBI MF, Axis MF buy as FILA sells 7% stake for ₹935 cr
SBI Mutual Fund purchased 9.3 lakh shares of DOMS Industries for approximately ₹205 crore. Axis Mutual Fund acquired 3.6 lakh shares in the company for around ₹79.6 crore.
HDFC MF, ADIA among buyers as Sepia Investments offloads Rs 749 crore in Corona Remedies via block deal
Sepia Investments and Anchor Partners sold shares worth about Rs 777 crore in Corona Remedies through block deals. HDFC Mutual Fund emerged as the largest buyer, while several institutional investors, including Aberdeen entities, ADIA, Invesco and WhiteOak, also accumulated stakes.
Volume Shocker: MFs add 1 crore+ shares of 6 stocks in May, stocks gain up to 25%
Among the 42 stocks, Yes Bank and Central Bank of India saw the largest mutual fund buying.

HDFC Bank, ICICI Bank Among Motilal Oswal's Top 16 BFSI Bets — Full List Inside
Among banks, ICICI Bank, HDFC Bank, SBI, and AU SFB remain the top picks, backed by strong balance sheets, improving growth visibility, and favourable valuations.

Not Every Mutual Fund Should Be Held Forever. Here Are 5 Reasons To Consider Cashing Out
If one feels that their current fund's performance does not align with their risk appetite, investors may choose to re-allocate their investments.
CCI clears TVS Group's acquisition of PGIM India AMC, Temasek-Romsons deal
India's fair trade regulator CCI has given the green light for TVS Group entities to acquire PGIM India Asset Management. The regulator also cleared Temasek's investment in medical devices maker Romsons Group. These approvals pave the way for significant business consolidations in the financial and healthcare sectors. The deals involve substantial stake acquisitions and restructuring.