The domestic mutual fund industry touched a new record in Jan’20 as total AUM inched up to Rs 27.9 lakh crore.

Shares of RPP Infra Projects were trading in the green on Monday after the company announced that it had won an order for the construction of a government medical college and medical hospital at Dindigul, Tamil Nadu.

Aurobindo Pharma  has received a follow-up communication from the U.S. Food and Drug Administration (USFDA)

The company has executed an EPC agreement with the Airport Authority of India (AAI) which had project cost of Rs 570.06 crore and completion period is 30 months. The project is for construction of New Greenfield Airport at Hirasar, Rajkot, Gujarat, India.

On Saturday, Biocon announced that it had received 3 observations from the U.S. Food and Drug Administration (USFDA) following an inspection at its insulin manufacturing facility in Malaysia. 

The acquisition is aimed to provide KEC a strategic foothold in the region, which can cater the markets with high growth potential in Middle East and Africa (MENA).

Any close above 12,142, the immediate target is placed at the prior high 12,246 and above this level it can test the maximum of 12,310. But, closing below 12,042 will lead sharp fall up to 11,908.

With Western markets tanking on Friday and Asian peers are trading in deep red on Monday on the back of the spreading impact of the virus. Indian markets are also expected to open gap down on the back of negative cues from the global peers.

As every coin has a flip side, mutual funds are not different in that sense. Fund managers not only buy but also sell. It becomes equally important to know what they are selling. So, let’s find out.

Everyone is eager to know what the mutual fund managers bought and sold and mostly keen to know what they bought. So, which are the stocks that attracted the fund managers in January 2020. Let’s find out.