Foreign investors keep faith in 83 stocks despite prolonged India selloff
Mumbai: Life Insurance Corp (LIC), ONGC, BHEL, Indian Bank and Aditya Birla Capital are among 83 companies that have featured consistently in the shopping cart of foreign portfolio…
Attributed summary
Mumbai: Life Insurance Corp (LIC), ONGC, BHEL, Indian Bank and Aditya Birla Capital are among 83 companies that have featured consistently in the shopping cart of foreign portfolio investors (FPI) over the past four quarters, even though overseas funds have been major sellers of Indian equities through this period.An ET analysis of latest shareholding data, after the September quarter, showed that these companies across the market cap spectrum were favoured…
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