Yesterday, we saw how FIIs have pumped in closed to $12 billion this year alone. Lets see what stocks they have been buying up.
Since September 2013
| Increases | |
|---|---|
| SRTRANSFIN |
40.34
|
| JSWSTEEL |
22.23
|
| HINDPETRO |
12.5
|
| POWERGRID |
10.27
|
| YESBANK |
9.95
|
| UPL |
8.45
|
| TECHM |
6.47
|
| ZEEL |
6.01
|
| PETRONET |
5.7
|
| AXISBANK |
4.9
|
| Decreases | |
|---|---|
| DABUR |
-1.02
|
| BAJAJFINSV |
-1.06
|
| ACC |
-1.17
|
| CONCOR |
-2.22
|
| EXIDEIND |
-2.55
|
| BANKINDIA |
-3.38
|
| FEDERALBNK |
-6.86
|
| HINDALCO |
-11.09
|
| GLAXO |
-21.24
|
| MCDOWELL-N |
-31.47
|
FIIs have been active across the board. With no single sector being overly favored…
Since March 2014
| Increases | |
|---|---|
| ZEEL |
48.68
|
| YESBANK |
7.06
|
| KOTAKBANK |
3.41
|
| TATASTEEL |
2.96
|
| CANBK |
2.53
|
| TATAGLOBAL |
2.42
|
| PETRONET |
2.23
|
| UNIONBANK |
2.2
|
| IDEA |
2.12
|
| HINDPETRO |
1.85
|
| Decreases | |
|---|---|
| WIPRO |
-0.73
|
| CAIRN |
-0.75
|
| IDFC |
-0.80
|
| BAJAJFINSV |
-0.99
|
| CONCOR |
-2.27
|
| BHARATFORG |
-2.29
|
| EXIDEIND |
-2.32
|
| FEDERALBNK |
-3.77
|
| HINDALCO |
-11.55
|
| MCDOWELL-N |
-29.26
|
… However, they seem to have made up their minds on getting out of CONCOR and FEDERALBNK. And do we see a concentration among banking stocks?
Investment Strategy Implications
The data is delayed due to quarterly reporting and we get to hear about activity in bits and pieces, days after they occur. No sure if playing a guessing game as to what FIIs will buy or sell next will add any alpha to your portfolio. Its just nice to know what they have been up to…