Despite multiple measures by the Government of India and the RBI, Foreign Institutional Investors (FIIs) have continued to reduce their holdings in Indian equities. The ongoing selling trend has resulted in significant outflows from the cash market, reflecting cautious investor sentiment.However, despite this broad-based selling, FIIs have selectively increased their stakes in certain companies, showing confidence in certain sectors. Domestic brokerage firm Kotak Institutional Equities has compiled a list of companies where FIIs continued to add their positions through the quarter ended December 2024:
Hindustan Copper shares gain 3% as company plans Rs 7,000 crore capital investment in next 5 years
Hindustan Copper shares rose after the company announced a Rs 7,000 crore investment over the next 5-6 years and signed MoUs with major PSUs to