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So, consumer staples and IT are featuring more prominently on FII buy lists while BFSI and autos get the short shrift. Overseas investors bought $376 million (Rs 2,800 crore) and $201 million (Rs 1,517 crore) worth of consumer staples and IT stocks, respectively, in April.
Trending stocks: YES Bank shares down over 4%Shares of YES Bank Ltd. traded 4.35 per cent down in trade at 09:37AM on Friday.
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… Read MoreMNRE extends deadlines for projects under construction"This blanket extension, if invoked by the RE developers, will be given without case to case examination and no documents/evidence will be asked for such extension," said the ministry's notice.
from Stocks-Markets-Economic T… Read MoreMSCI sticks to its decision to cut Airtel's weightage in two indicesHowever, the global indices provider said it would keep an eye on any potential increase in room for foreign holdings due to an increase in foreign ownership in the company until five business days before the effective date o… Read MoreIDFC First, IDFC reverse merger plan back on tableUnder banking guidelines, a Non-operative Financial Holding Company (NoFHC) is required to house a bank and other financial services units of a promoter. IDFC will argue that it doesn’t have any other significant businesses a… Read MoreAsian stocks falter after China data disappointmentThe S&P 500 ended slightly lower on Thursday after briefly trading above its record closing high level for a second day as doubts about U.S. stimulus measures took hold.
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