Indian two thousand rupee banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Domestic Institutional Investors Remain More Bullish Than Overseas Peers

Domestic institutional investors continue to be more bullish on Indian equities than their overseas counterparts.

Foreign institutional investors’ ownership of Nifty 50 stocks declined in the three months ended September, Nomura said in a report. In comparison, domestic institutions—largely comprising mutual funds and insurance companies—pushed up their holding, in line with the trend seen during the year.

Domestic Institutional Investors Remain More Bullish Than Overseas Peers

DIIs have been betting more on mid caps, with their holding in Nifty Midcap 100 Index increasing to 8.6 percent from 8.2 percent in the previous quarter and 7.7 percent in the year-ago period.

Domestic Institutional Investors Remain More Bullish Than Overseas Peers

FIIs upped holdings in the energy and infrastructure sectors, and trimmed exposure to finance, fast-moving consumer goods, information technology, metals and pharmaceutical sectors. DIIs pared stakes in auto and FMCG segments, while increased their holding in the energy, finance, infrastructure, IT and real estate sectors.

The major Nifty stocks where FIIs made changes in their portfolio are:

Domestic Institutional Investors Remain More Bullish Than Overseas Peers
Domestic Institutional Investors Remain More Bullish Than Overseas Peers

The major Nifty stocks where DIIs made changes in their portfolio are:

Domestic Institutional Investors Remain More Bullish Than Overseas Peers
Domestic Institutional Investors Remain More Bullish Than Overseas Peers

The major mid-cap stocks where FIIs made changes in their portfolio are:

Domestic Institutional Investors Remain More Bullish Than Overseas Peers
Domestic Institutional Investors Remain More Bullish Than Overseas Peers

The major mid-cap stocks where DIIs made changes in their portfolio are:

Domestic Institutional Investors Remain More Bullish Than Overseas Peers
Domestic Institutional Investors Remain More Bullish Than Overseas Peers