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News Finance & Money Markets

  • Jul 22, 2014
  • Study in contrast: FIIs raise stake in 70 BSE-100 firms, LIC just 8

    While foreign institutional investors (FIIs) have raised stake in 70 scrips in the June quarter, LIC has raised its holding in just eight during the same period.Of the eight companies in which LIC raised its stake, three belong to the IT sector. Data from Capitaline show that LIC’s stake has seen the sharpest rise in IT major Infosys — from 3.25% in March quarter to 3.82% in June quarter.

    Source - http://www.financialexpress.com