Foreign investors keep faith in 83 stocks despite prolonged India selloff

Listen to this article in summarized format Listen Loading... × × Subscribe to Unlock AI Briefing and Premium Content New Year Offer 24 Hours Left Subscribe Now Already a member? Sign In What's Included Exclusive Stories Daily ePaper Access Smart Market Tools Curated Investment Ideas Ad-lite Experience Subscription TIMESOFINDIA.COM Mumbai: Life Insurance Corp (LIC), ONGC, BHEL, Indian Bank and Aditya Birla Capital are among 83 companies that have featured consistently in the shopping cart of foreign portfolio investors (FPI) over the past four quarters, even though overseas funds have been major sellers of Indian equities through this period. An ET analysis of latest shareholding data, after the September quarter, showed that these companies across the market cap spectrum were favoured by FPIs. ET Bureau They increased their holdings in companies such as AAA Technologies, Virtuoso Optoelectronics, Aqylon Nexus, Gujarat Energy, Shaily Engineering, South Indian Bank, Hazoor Multi Projects, Midwest Energy, NIBE, GMR Airports, DCB Bank, Deccan Cements, Abans Financial Services, Vedanta and Thyrocare Technologies, among others. Read more: Mid and smallcap stocks could see strong gains in 2027, but expect volatility, says Deepak Shenoy, Capitalmind Mutual Fund To be sure, FPIs sold nearly $28 billion of Indian stocks between January and September this year, reflecting the impact of expensive valuations, subdued corporate earnings, global trade uncertainties and geopolitical tensions. Live Events Among the large-cap companies, FPIs raised their stakes for four consecutive quarters in Lupin, SAIL, Bank of Maharashtra, Biocon and Abbott India, besides those cited above. Read more: Samvat 2083 stock picks: 10 ideas from India’s top brokerages for the next Diwali More recently, concerns over rising crude oil prices, inflation, India's fiscal and external balances, and the limited availability of large artificial intelligence-related investment opportunities in India have also weighed on foreign investor sentiment. They have turned buyers only over the past fortnight. AAA Technologies recorded the sharpest 36.83%increase in foreign shareholding in Q2. Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our ETMarkets WhatsApp channel ) Read More News on Foreign Portfolio Investors FPI stock holdings Indian equities selloff Life Insurance Corp investment top stocks FPIs bought (What's moving Sensex and Nifty Track latest market news , stock tips , Budget 2025 , Share Market on Budget 2025 and expert advice , on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less (You can now subscribe to our ETMarkets WhatsApp channel ) Read More News on Foreign Portfolio Investors FPI stock holdings Indian equities selloff Life Insurance Corp investment top stocks FPIs bought (What's moving Sensex and Nifty Track latest market news , stock tips , Budget 2025 , Share Market on Budget 2025 and expert advice , on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Business of Odd Things: The farm that needs no land, freshwater, or fertiliser KYC and KYB: Inside Pidilite, the company that turned Fevicol into a word for a strong bond – Part 1 of 3 Seoul halts trading, Nifty has its best week since 2021: Money leaving the AI trade – will it land in India? Junk bonds are cracking at the bottom. Will the noise get loud enough to make ‘junk bond’ a household term again? PNG connections rise half a million, but how many use piped gas for cooking? Some elections matter more than you know: No crop changed in the fields, yet sugar, coffee and soya got cheaper in a day 1 2 3 View all Stories