Few shares where FIIs reduced stake in Q3FY22

24/02/2022 9:38:17 AM | Source: IANS

Few shares where FIIs reduced stake in Q3FY22

News By Tags | #272 #1302 #572

Foreign institutional investors reduced stakes to the tune of 5-6.7 per cent in the Indian Energy Exchange, IPCA Laboratories, PVR, Strides Pharma Science, and Zee Entertainment shares quarter-on-quarter during Q3FY22, exchange data showed.

The Indian equity segment has been witnessing a consistent sell-off by the FIIs recently.

As per reports, FIIs sold over $7 billion worth of equities so far in 2022, and over $11 billion since October 2021.

Further, FIIs reduced 4.1 per cent stake in Mahanagar Gas, 3.9 per cent in Axis Bank, and 3.8 per cent in Indusind Bank, exchange data revealed.

In SBI Cards and Payments, Hero Motocorp, Grasim Industries, Deepak Nitrite, ICICI Bank, and REC, they reduced stakes by 2-3 per cent.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Few shares where FIIs reduced stake in Q3FY22

Top News

Tag News

More News