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:
Infosys shares up 2% as dividend deadline looms: Last chance today to buy stock for Rs 22 per share payout
Infosys shares experienced a surge, climbing 2.3% to Rs 1,609, as investors rushed to secure the stock before it went ex-dividend. The final dividend of