There are 29 BSE500 companies where foreign portfolio investors own at least 33 per cent or a third of the stake. They included HDFC where FPI ownership stood at 72.22 per cent at the end of June quarter. Shriram Transport, Zee Entertainment, Apollo Hospitals, Axis Bank and IndusInd Bank are some stocks where FPI ownership is in excess of 50 per cent.
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The four – namely Indian Energy Exchange, Indiabulls Real Estate, Dixon Technologies, and Just Dial – have climbed 50-85 per cent so far in Calendar 2021, thanks to a 572-896 basis points hike in holdings by small investors in the two quarters to June 30 ( i.e. the first six months of the calendar), data suggests.
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10Aug2021 Midday Update: Large Caps Reverse Morning Losses While Small Caps Barf, DOW Up 150 At 12:30 ET, Nasdaq Down 0.3%, WTI Crude Rises 68.58, Bitcoin 45100 econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.