DIIs increase stake in metals, public sector banks in Q4: Report

Using the Nifty500 as the benchmark, DIIs are now significantly overweight in Metals, PSU Banks, Capital Goods, Consumer, and Utilities

Overall, the top-5 sectoral holdings of DIIs in the Nifty500 account for 66 per cent of the total allocations
Web Exclusive Premium

Overall, the top-5 sectoral holdings of DIIs in the Nifty500 account for 66 per cent of the total allocations

Nikita Vashisht New Delhi
Stalling their eight-month selling spree, domestic institutional investors (DIIs) have turned net buyers in March and April 2021 to counter offloading of shares by foreign investors amid the second wave of Covid-19.

While DIIs sold equities worth Rs 1.42 trillion between July 2020 and February 2021, they bought shares worth Rs 18,248.85 crore between March and May 10, 2021, BSE data shows. In comparison, FIIs bought shares worth Rs 1.82 trillion between October 2020 and March 2021 but have sold shares worth Rs 17,647.99 crore in April and May (so far).

Yet, DII shareholding hit seven-quarter low at the end

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 11 2021 | 1:32 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com