FPIs raise stakes in 41% BSE 500 stocks during Q2 FY21
FPIs raise stakes in 41% BSE 500 stocks during Q2 FY21
BusinessToday.In
- Oct 26, 2020,
- Updated Oct 27, 2020 9:43 AM IST
- 1/6
Foreign portfolio investors have raised their stakes in nearly 41 per cent of BSE 500 stocks during the September quarter.
Story: Niti Kiran
Design: Mohsin Shaikh
- 2/6
Foreign portfolio investors, or FPIs, have raised stakes in 203 companies of BSE 500 index between June and September quarters.
- 3/6
The top five stocks where FPIs increased their stakes the most, in the last two quarters, include Bandhan Bank, Amber Enterprises, Godrej Agrovet, Balkrishna Industries and Rajesh Exports.
- 4/6
Six stocks, namely EPL, Phoenix Mills, Suzlon Energy, J&K Bank, Indiamart and GMM Pfaudler, saw an increase in FPI holdings in the range of 5 to 10 percentage points, during the period.
- 5/6
Almost 11 per cent of the BSE 500 companies have seen an increase ranging between 100 and 500 basis points through June and September quarter.
- 6/6
Nearly 34.2 per cent of these BSE 500 stocks have seen an increase in FPI holdings over the September quarter of 2019.