Domestic institutional investors (DIIs) holdings in Wholesale Concrete screw Suppliers BSE-200 companies lagged behind and increased to 11.5 per cent in the previous quarter.9 per cent against 24.The highest increase in the stakes of FPIs were in Bharat Financial Incl-usion, HDIL and Castrol India whilst MFs were in Castrol India, Ipca Labs and United Breweries.Their holdings in BSE-200 companies in percentage terms increased to 24..The foreign portfolio investment at the end of the March 2016 quarter was $291 billion.For instance, sectorwise foreign investors are interested in investing in banking and technology sectors and not so keen on consumers and industrial sectors.1 per cent at the end of the previous quarter While both foreign and domestic investors appe-ar to be bullish on the prospects of Indian companies, their priority sectors seem to differ.Indian mutual funds are bullish about the prospects of industrials and banking sectors.
The banking, financial and insurance (BFI) sectors chose NHPC, Tata Communications and Indraprastha Gas.Despite global economic uncertainty, the interest of foreign investors in Indian companies does not appear to be on the wane, according a study.4 per cent in the June quarter from 11.According to Kotak Institutional Equity Research, ownership by foreign portfolio invest-ors in the BSE-200 Index, which includes ADRs an GDRs, reached $311 billion in the June quarter — a nearly seven growth in just three months. They, however, do not appear to be very much interested in consumer, technology and metals and mining.Whilst foreign investors bought in sectors such as automobiles, banking and energy, domestic investors sold stocks in auto and cement and increased their stake in pharma. When it comes to selling their stakes, FPIs decreased their stake in J&K Bank, Ipca Labs and UB while MFs sold in Sanofi India, Kaveri Seed and Vedanta and BFIs decreased stake in Ambuja Cement, Axis Bank and Asian Paints.