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13 stocks held by 100+ MFs in May surged up to 85% in just over 5 months
Stocks with strong mutual fund backing delivered sharp gains in CY26, with 13 names rising 40% to 85% in just over five months. Data show 268 stocks held by over 100 schemes, signalling broad institutional conviction and reinforcing momentum in select high-performing counters across sectors.
'Bear beneath the barrel': Mirae Asset sees weak demand limiting oil rally
The path of least resistance for Brent over the next two quarters appears skewed to the downside, with Brent prices likely drifting below $90/bbl
Gold loses shine? ₹725 crore exits Gold ETFs - Should mutual fund investors be worried?
Gold ETFs experienced a net outflow of ₹725 crore in May, marking the first month of redemptions after 13 months of inflows. Despite this, experts suggest the market sentiment towards gold remains intact, viewing the trend as a result of profit booking. Silver ETFs also faced continued outflows.
Silver may fall to $58 - $54 in short term, cautions analyst at Mirae Asset
According to Praveen Singh, head of commodities at Mirae Asset Sharekhan, silver is expected to continue to remain under pressure unless a US-Iran deal is formally announced
Asian shares surge, oil dips after Trump claims progress in Iran war talks
Asian shares climbed sharply on Friday, tracking big Wall Street gains, and oil prices slipped after US President Donald Trump claimed there was a breakthrough in talks to end the Iran war. US futures edged higher. South Korea's Kospi jumped 7.8 per cent to 8,370.82, narrowing losses from earlier this month from sell-offs of shares related to artificial intelligence. The Kospi has roughly doubled over the past six months, with a record closing high of 8.801.49 on June 2. Samsung Electronics, South Korea's most valuable company, advanced 11.2 per cent. Computer chipmaker SK Hynix rose 7.2 per cent. Tokyo's Nikkei's 225 gained 3.5 per cent to 66,442.95, also led by gains for technology stocks. SoftBank Group, a multinational investment holding company with a strong AI focus, was up 2 per cent. Chip equipment maker Tokyo Electron jumped 10.3 per cent. Hong Kong's Hang Seng gained 1.8 per cent to 24,689.32 and the Shanghai Composite index rose 1.6 per cent to 4,050.51. In Australia,
A coffee producer and exporter is the newest purchase made by SBI Mutual Fund; Details here
Shares of Vintage Coffee and Beverages ended 2.7% higher on Thursday at ₹160.4. The stock has been an underperformer, having gained only 15% in the last five years. Over the last 12 months, the stock has risen 34%.
Unique Picks: 6 stocks held by a single MF scheme in May; surge up to 60% in CY26
An ETMarkets analysis identifies stocks held exclusively by a single mutual fund scheme as of May 2026. While returns remain mixed, select stocks have surged up to 62% in CY26. The study filters 189 stocks down to 28, highlighting concentrated bets by fund houses across market segments.
Unique Picks: 6 stocks held by a single MF scheme in May; surge up to 60% in CY26
An ETMarkets analysis identifies stocks held exclusively by a single mutual fund scheme as of May 2026. While returns remain mixed, select stocks have surged up to 62% in CY26. The study filters 189 stocks down to 28, highlighting concentrated bets by fund houses across market segments.
Sohum Asset CIO stays positive on telecom, renewables and data centres
Sanjay Parekh of Sohum Asset Managers sees potential in CarTrade Tech, large private banks and select infrastructure plays. While he remains constructive on India's manufacturing story, he believes valuations in the EMS sector are demanding and warrant caution. He also sees value-unlocking potential from Vedanta's demerger.
Wipro share buyback opens Thursday; stock hits 6-yr low, down 14% in 1 week
Wipro's near-term revenue trajectory remains challenged with Q1FY27 guidance of -2 per cent to 0 per cent CC QoQ, amid multiple headwinds, say analysts at Mirae Asset Sharekhan.
Asian shares decline after another AI-led sell-off drags Wall Street lower
Shares are mostly lower in Asia following another sell-off of artificial-intelligence stocks that dragged the US market sharply lower. US futures advanced and oil prices gained more than USD 1 a barrel. Tokyo's Nikkei lost 0.5 per cent to 63,878.60, while the Kospi in South Korea was also down 0.2 per cent, at 7,720.75. Hong Kong's Hang Seng edged 0.2 per cent higher, to 24,468.82, but the Shanghai Composite index fell 0.2 per cent to 3,983.80. In Australia, the S&P/ASX 200 likewise shed 0.2 per cent to 8,632.50. Taiwan's Taiex slipped 0.4 per cent. On Wednesday, Wall Street's former superstars continue to face heavy scrutiny. The S&P 500 dropped 1.6 per cent for its first back-to-back drop in three weeks. Closing at 7,266.99, it's back to where it was in early May. The Dow Jones Industrial Average tumbled 953 points, or 1.9 per cent, to 49,918.78. The Nasdaq composite led the market lower with a 2 per cent slide, to 25,169.50. Wall Street has been shaky since last week, when
Nuvama gets nod for MF biz, eyes SIF foray; CMR Green shares up 29%
Nuvama gets Sebi approval to enter the mutual fund business, while CMR Green Technologies surges 29% on debut after a heavily subscribed IPO