|
|
|
FPIs sold $14 bln equities in Q1 2022, DIIs bought matching amount: Report
|
|
|
|
Top Stories |
 |
|
|
|
SME Times News Bureau | 13 May, 2022
Foreign portfolio investors (FPIs) have sold around $14 billion worth of
equities in the secondary market in the quarter that ended in March
2022, said Kotak Securities in a report.
FPIs offloaded stocks in banks, diversified financials and IT services.
On the flip side, domestic institutional investors (DIIs) bought around $14 bn worth of equities during the March quarter.
Accordingly, DIIs bought banks, diversified financials and IT services stocks.
"FPI
holding in the BSE-200 index declined to 22.4 per cent in the March
quarter from 23 per cent in the December quarter. DII holding in the
BSE-200 Index increased to 14 per cent in the March quarter from 13.4
per cent in the December quarter," the brokerage house said in the
report.
Highest increase in stake by the FPIs are seen in
Restaurant Brands Asia, Mindspace REIT and Lemon Tree Hotels, Mutual
Funds in Coforge, Metropolis Healthcare and Equitas Small Finance Bank,
and BFIs in Tata Steel, PVR and Restaurant Brands Asia.
BFIs include banks, financial institutions and insurance companies.
On
the other hand, highest decrease in stake by the FPIs was witnessed in
Metropolis Healthcare, Jubilant Foodworks and Motherson Sumi Systems,
MFs in RBL Bank, Voltas and City Union Bank, and BFIs in Hindustan
Aeronautics, Godrej Industries and Bata India.
"FPIs were
overweight on banks and diversified financials; underweight on consumer
staples and pharmaceuticals, whereas MFs were overweight on banks and
capital goods; underweight on consumer staples, IT services and oil, gas
& consumable fuels."
|
|
|
|
|
|
|
|
|
|
|
|
|
Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
|
66.20
|
64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
|
|
Daily Poll |
 |
 |
COVID-19 has directly affected your business |
|
|
|
|
|
Commented Stories |
 |
|
|
|
|
|
|
|