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FIIs ownership of BSE Sensex stocks at 8-year high: BofA-Merrill

New Delhi, May 13: In a research report, Bank of America Merrill Lynch said foreign institutional investors' (FIIs) ownership of India's main BSE Sensex index stocks touched its highest in eight years as of the

India TV Business Desk [Updated:13 May 2013, 1:03 PM IST]
fiis ownership of bse sensex stocks at 8 year high bofa
fiis ownership of bse sensex stocks at 8 year high bofa merrill

New Delhi, May 13: In a research report, Bank of America Merrill Lynch said foreign institutional investors' (FIIs) ownership of India's main BSE Sensex index stocks touched its highest in eight years as of the January-March quarter.




During the said quarter, FIIs emerged as the net buyers of Indian equities, while domestic mutual fund companies and state-owned insurer LIC were sellers, it said. Key stocks bought by FIIs during the quarter were NTPC Ltd , Axis Bank Ltd, Infosys Ltd, Tata Consultancy Services Ltd and ITC Ltd, BofA-Merrill said.