FII strategy is focussed more on country-specific factors rather than sectoral prospects within a country. That’s why they adopted the ‘Sell India, Buy China’ strategy in Jan and February. During these 2 months, FIIs sold financial services for Rs 15,744 crores. Now, pursuing the ‘Sell China, Buy India’ strategy, the same FIIs have bought stocks in financial services for Rs 19,229 crores in June alone and this buying trend continues,Vijayakumar said.
At multi-year highs: These 4 stocks witness 5-year swing high breakout
In the Nifty500 pack, we have collated a list of four stocks that witnessed a 5-year swing high at the close on October 1, suggesting
October 3, 2024