FIIs made a buying of over ₹6,010 crore in the last week driven by a mega block deal in Adani stocks. On the other hand, DIIs invested more than doubled the amount as FIIs, by pumping in nearly ₹12,559 crore in the equities.
Similarly, Rajiv believes in the long-term growth prospects of the Gautam Adani-backed conglomerate. His company bought between 2% to 4% stake on Thursday in four of Adani Group-backed companies. Jefferies acted as the sole broker for the transaction.