MUTUAL FUND LIKES: ADANI PORTS, VEDANTA, CAIRN INDIA, YES BANK, COAL INDIA
Like all other downfalls, in this downfall also FIIs was (/is) selling heavily and our Domestic Institution (DIIs) were (/are) the buyers.
Investors get stock wise holding data only from Mutual Funds (a part of DIIs), so I was curious to know in which Nifty stocks they were putting money.
Adani Ports, Vedanta, Cairn India, Yes Bank, Coal India, BHEL, Tata Motors, ONGC & Tata Power are the stocks in which collective holding of MF’s gone up significantly.
Similarly, they reduced holding from Hindalco, Idea, NTPC, BOB, Bajaj Auto, Tata Steel, HDFC, TCS, GAIL, Maruti & Tec Mahindra.
Attached a quick list of Nifty 50 stock for review.