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Reliance’s market heft becoming liability for Indian equity mutual funds - business news

Sun Sep 13 , 2020
The scorching rally in Reliance Industries Ltd.’s shares is becoming a problem for India’s equity mutual funds. The stock has more than doubled from a March low, thanks to Chairman Mukesh Ambani’s fundraising blitz. The run up has increased the company’s weighting in the S&P BSE Sensex to 17.4%, from […]

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