Foreign institutional investors (FIIs) have been steadily increasing their stakes in over 110 Indian stocks for the past four quarters. ACE Equity data shows that the top 10 of these investments have delivered returns of up to 300% in the past year. One of the most successful investments for FIIs in India is in Axita Cotton, which has rewarded the investors’ conviction with a 305% return in the last 12 months. However, not all FII picks have been successful in the near term. As of writing, analysts expect the worst of FII outflow to be over.
Warren Buffett’s 7 golden rules for young investors trying to manage finances
Warren Buffett shares seven essential financial lessons for young investors, emphasising frugal living, eliminating high-interest debt, long-term investing, understanding businesses, maintaining cash reserves and portfolio