FIIs raised stakes in almost 60 percent of firms on the BSE SmallCap index in the March quarter. Out of 1,000 BSE SmallCap index stocks, 596 saw a rise in FII holding
Retail investors sold over Rs 12,000 crore worth of stocks in Q3, including shares of HDFC Bank, Reliance Industries, TCS, Infosys, and others. They bought shares of Jio Financial, Paytm, IDFC First Bank, Suzlon Energy, and more. Retail holding in NSE-listed companies increased by 13.27% QoQ.
This development comes when the Union power ministry has identified 6550MW of stressed power projects available for acquisition through the National Company Law Tribunal