IT stocks at inflection point? Both FIIs, mutual funds up stake in Q3

IT stocks at inflection point? Both FIIs, mutual funds up stake in Q3

Betting that IT stocks could be traversing an inflection point as the growth momentum may bottom out over the next few months and a return to growth over CY24 on the back of easing of several headwinds and new drivers taking over, both FIIs and mutual funds increased their shareholding in most largecaps.MF holding in … Read more

Top 10 stocks with highest FII holding by Q2 FY24. Do you own any? – FII Darlings

Top 10 stocks with highest FII holding by Q2 FY24. Do you own any? – FII Darlings

Coal India. Share Price 349.35 03:59 PM | 13 Nov 2023 17.56(5.28%) Eicher Motors. Share Price 3645.40 03:59 PM | 13 Nov 2023 66.10(1.84%) Hindalco Industries. Share Price 487.50 03:58 PM | 13 Nov 2023 5.06(1.04%) Mahindra & Mahindra. Share Price 1540.25 03:59 PM | 13 Nov 2023 14.00(0.91%) Bharat Petroleum Corporation. Share Price 387.10 … Read more

Rs 45,000 crore-bet! YES Bank among top 9 FII stock picks in Q3. What should investors do?

Rs 45,000 crore-bet! YES Bank among top 9 FII stock picks in Q3. What should investors do?

NEW DELHI: Foreign institutional investors or FIIs are estimated to have splurged about Rs 44,700 crore in 9 stocks during the December quarter. The shopping list is dominated by bank stocks – , and YES Bank. During the quarter, FIIs nearly doubled their shareholding in retail favourite YES Bank from 12.15% to 23.24%. Calculations done … Read more

FIIs: $3 billion in 10 days! 3 reasons why FIIs are buying Indian stocks non-stop

FIIs:  billion in 10 days! 3 reasons why FIIs are buying Indian stocks non-stop

NEW DELHI: Despite the 75 bps rate hike by the US Federal Reserve earlier this month and not-so-cheap valuations on Dalal Street, foreign institutional investors or FIIs have been buying Indian stocks as if there is no tomorrow. FIIs have been net buyers in all the last 10 trading sessions and have cumulatively accumulated equities … Read more