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Top 3 sectors in which FIIs invested ₹ 16,112 Cr in April 2024; Do you hold any?

Top 3 sectors in which FIIs invested ₹ 16,112 Cr in April 2024; Do you hold any?

In April 2024, Indian equities witnessed a Foreign Portfolio Investment (FPI) outflow totaling ₹8,671 crore ($1,036 million), as reported by the National Securities Depository Ltd. (NSDL). This marked a significant decline from February 2024.  Overall, FPI outflows for the month totaled ₹16,260 crores ($1,945 million or $1.9 billion), which included debt, hybrid, debt-VR, and equities.  [...]
5G stock to list its subsidiary; Sharekhan sees a 25% upside

5G stock to list its subsidiary; Sharekhan sees a 25% upside

The shares of Bharti Airtel Limited remained in focus on Thursday as the company announced high investments for its 5G service rollout along with its plan to list its payments business. The Indian telecom operator announced that it is making a strategic plan to invest Rs 27,000-28,000 crore in telecom networks with a focus on [...]
Airtel prepays Rs 15,519 cr to DoT to clear all deferred liabilities for 2014 spectrum

Airtel prepays Rs 15,519 cr to DoT to clear all deferred liabilities for 2014 spectrum

Bharti Airtel has paid ₹15,519 Crores to the DoT pertaining to the 128.4 MHz spectrum acquired in  2014 for a consideration of ₹19,051crores.This will help it in saving approximately ₹3,400 crores during the residual life for fully substituted capital.It is channelling investments towards its 4G and 5G footprints.Share of Bharti Airtel closed at Rs 666.45 [...]
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