Bullish on news

Mauritius-based LTS Investment Fund was in limelight this week after picking a big chunk in listed broadcaster NDTV on Monday. According to data compiled by BS Research Bureau, the foreign portfolio investor has at least 20 investments where it holds one per cent or more. The 9.75% stake in NDTV is the latest entrant on the list. These holdings are together worth Rs 535 crore. GMR Infra, Infibeam and Visa Steel are large holdings.

NDTV is its first large media investment