The Two Stocks That Witnessed Highest FII Activity On Wednesday
Delhivery Ltd. and FSN E Commerce Ventures Ltd. witnessed the highest foreign investor activity in Wednesday’s trading session.
Overseas investors remained net buyers of Indian equities for the sixth consecutive session on Wednesday. Foreign portfolio investors mopped up stocks worth Rs 584 crore, according to provisional data from the National Stock Exchange.
In July, foreign portfolio investors have been net buyers of Rs 16,023 crore worth of Indian equities so far.
On Wednesday, while most FPIs were buyers, the Canada Pension Plan Investment Board, which manages an investment portfolio of $400 billion in AUM, sold 2.34 crore shares, or 3.18% stake, in Delhivery at Rs 388.45 apiece, according to block deal data on the BSE.
Canada Pension Plan Investment Board sold 1.47 crore shares, or 0.51% stake, in FSN E Commerce Ventures Ltd., also known as Nykaa, at Rs 174.04 apiece, as per block deal data on the NSE.
Delhivery was down 1.01%, while FSN E Commerce Ventures lost 0.3% during Wednesday’s trading session.
About Author
