Beaten-down blue chips, reopening stocks in focus

Beaten-down blue chips, reopening stocks in focus

Mutual fund managers flush with cash, thanks to strong inflows into equity products for the twelfth month in a row, lapped up beaten-down blue chips amid the 4.4% decline in the Sensex in February. They bought shares like RIL, Infosys and HDFC while cutting exposure to TCS, metals and some new-age businesses.

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