Foreign investors broad buyers of Indian shares: HSBC

Tags: News
Foreign investors have been broad buyers of Indian shares in the October-December quarter, with increases in foreign institutional investments (FIIs) in about 75 percent of the BSE 200 companies, according to a report by HSBC on Thursday.

That meant all sectors, except healthcare and staples, saw an increase in FII ownership. Information technology, consumer discretionary and utilities saw the highest net buying by FIIs, HSBC said.

Interestingly, overseas investors appear underweight in IT - the one sector that had attracted much FII flows - only because the sector weightage was increased by 10 percent in absolute weight terms in the MSCI India index.

FIIs also increased stakes in 26 industrial companies during the quarter, signalling some rotation towards domestically oriented sectors.

Power Grid Corp of India, Tech Mahindra, UPL, Housing Development & Infrastructure, Yes Bank are the stocks that saw the biggest increase in FII ownership.

The biggest FII selling was in Hexaware Technologies, Multi Commodity Exchange of India, Strides Arcolab, Apollo Tyres and Unitech.


  • Monetary policy review needs to look beyond key policy rate

    After changes in the interest rate cycle direction, expectation of some action on rates is high before every monetary policy review of the Reserve Ban


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


Arun Kumar Jain

India in a new age work order

There are three broad categories of people in the world ...

Rajgopal Nidamboor

The balancing act of nature

It’s a fact of modern life that you and I ...

Dharmendra Khandal

For a lark, let's do something serious finally

It’s a sight to behold. As you drive through a ...


William D. Green

Chairman & CEO, Accenture