FII increased its stake in these stocks including Bharti Airtel, Indigo, see stock list
Market movements of FIIs determine the direction of the market and retail investors often try to follow the footprints of FIIs as FIIs deal in large volumes.
Bharti Airtel, IndiGo among 10 largecap stocks in which FIIs increased stake in Q4
The activities of foreign institutional investors (FIIs) in the Indian market are of great importance. Market movements of FIIs determine the direction of the market and retail investors often try to follow the footprints of FIIs, as FIIs deal in large volumes.FIIs recently increased their stake in 10 large-cap stocks of Nifty 200 index in Q4. Let us know in which stocks FIIs increased their stake.
Interglobe Aviation Ltd
Indigo. In Q4FY24, Indigo saw a 5% increase in the stake of foreign institutional investors. FII stake increased from 18.7% in Q3 FY24 to 23.66% in Q4 FY24.
Mankind Pharma Ltd
Mankind Pharma. FII stake in Mankind Pharma increased by 3.1% in the March quarter of FY23-24. FII shareholding increased from 6.74% in Q3 FY24 to 9.87% in Q4 FY24. Union Bank of India Ltd
FII stake in Union Bank of India increased by 2.8% in March quarter of FY24. FII shareholding increased from 3.97% in Q3 FY24 to 6.75% in Q4 FY24.Macrotech Developers Ltd
Macrotech developers saw a 2.7% rise in foreign institutional investors' stake in Q4 FY24. FII stake increased from 21.09% in Q3 FY24 to 23.79% in Q4 FY24.Bharat Petroleum Corporation Ltd
Bharat Petroleum Corporation (BPCL) saw an increase of 2.6% in FII stake in the March quarter of FY 2024. The stake of foreign institutional investors increased from 14.21% in Q3 FY24 to 16.79% in Q4 FY24.
Punjab National Bank
FIIs' stake in Punjab National Bank increased by 1.7% in March quarter of FY24. FII stake increased from 3.1% in the December quarter of FY 2024 to 4.82% in the March quarter. Bharti Airtel
Bharti Airtel saw an increase of 1.7% in the stake of foreign institutional investors in the March quarter of FY24. FII shareholding increased from 22.69% in Q3 FY24 to 24.35% in Q4 FY24.TVS Motor
TVS Motor Company saw a 1.6% increase in FII shareholding in the March quarter of FY24. The stake of foreign institutional investors increased from 19.27% in Q3 FY24 to 20.83% in Q4 FY24.
Cholamandalam Investment and Fin Co Ltd
FII stake in Cholamandalam Investment & Finance increased by 1.3% in Q4FY24. FII shareholding increased from 24.73% in Q3 FY24 to 26% in Q4 FY24.
ABB India Ltd
In ABB India, FII stake increased by 1.2% in Q4 FY24. FII shareholding increased from 10.72% in Q3 FY24 to 11.89% in Q4 FY24. Who operates FII in India?
The operation of FII in India is carried out by those FIIs who have obtained the necessary approval from SEBI. These approved FIIs are permitted to invest their entire assets, up to 100%, in debt instruments. These debt instruments can include corporate debt instruments that are already listed or will be listed in the near future, as well as dated government securities. It is important to note that such investments are considered as part of the overall limit on external commercial borrowing.What is FII ?
Foreign institutional investors, commonly referred to as FIIs, are non-citizens of India who invest in the country. These investors can be mutual funds or insurance companies from any nation. Their participation in our economy plays a significant role in its growth and development.
The types of FIIs
1.Sovereign Wealth Fund:-
A sovereign wealth fund refers to an investment fund that is overseen by the government and financed by the state, usually through the sale of surplus reserves. The establishment of SWFs brings benefits to both the economy and the residents of a nation.2. Foreign Government Agency:-
A Foreign Agency denotes a foreign entity, organization, or agent that has obtained legal authorization from another country's laws to provide welfare services.3.International Multilateral organizations:-
Multilateral organizations are established through the collaboration of three or more nations, pooling their resources to address shared concerns. These organizations guarantee equal participation in global governance and ensure that any humanitarian endeavors undertaken are in accordance with international law.4. Foreign Central Banks:-
A foreign central bank refers to a financial institution that holds the primary authority, apart from the government, to issue legal tender or government-approved instruments used as a medium of exchange. It also acts as the custodian of a nation's currency reserves.
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