Varun Beverages and United Breweries have experienced two consecutive quarters of similar trends. Interestingly, Godrej Consumer Products has witnessed a steady decline in foreign ownership for seven straight quarters.
The number of retail investors holding NSE shares valued up to Rs 2 lakh surged more than fourfold to 1.46 lakh in Q1 FY25, up from 33,896 in the previous quarter.
Insurance companies, led by LIC with a substantial 68 percent share (Rs 13.02 lakh crore) in equity investments, collectively sold a net of Rs 15,622 crore during the quarter
Mutual funds and insurance companies, too, continued to invest in large Indian IT stocks.
SP Tulsian of sptulsian.com joins CNBC-TV18 to take his multi-bagger picks for the day from the stock universe. Check out what he has to say about Selan Exploration and Solar Industries.
SP Tulsian of sptulsian.com cherry-picks his favorite stocks for the day on CNBC-TV18 and answers queries on Coal India and the Cement sector