Motilal Oswal Asset Management Company has received PFRDA approval to operate as a Pension Fund Sponsor under the National Pension System. It plans to set up a separate pension fund entity to manage NPS assets and retirement investments, expanding its footprint in India’s long-term retirement and pension management ecosystem.
Motilal Oswal points to a structural change in India’s equity markets: DIIs have expanded their ownership across most Nifty 50 stocks, while FII exposure has steadily declined. DII stake in the index has reached a record high, with FIIs dropping to multi-year lows—signaling a shift in who drives flows and risk-taking in the market.
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REC shares fell over 4% after the company reported a 22% year-on-year drop in Q4 net profit to Rs 3,375 crore. Weak disbursements and modest loan growth weighed on sentiment, but Motilal Oswal kept a ‘Buy’ rating, pointing to attractive valuations and stable spreads as reasons to stay optimistic.
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