Street signs: Big FII laps up mid-caps, Teamlease Services stock, and more

Teamlease Services, is attracting a lot of investor interest after it received the Reserve Bank of India's nod to increase foreign holding from 25 per cent to 75

Big FII laps up mid-caps
 
Vanguard, one of the largest foreign institutional investors (FIIs), has been buying shares of several mid-cap companies despite the weakness in the market. Last week, the US-based fund bought large chunk of shares in HEG, Graphite India, Eris Lifesciences and Capital First. Interestingly, the purchase comes even as shares of three of these four companies have rallied sharply. Shares of HEG and Graphite have jumped 138 per cent and 284 per cent, respectively in the past six months, while Eris is up 43 per cent.