HDFC and HUL are the latest entrants in the club
The reduction in holdings comes at a time when technology firms are facing cross currency headwinds due to volatility in the global financial markets
With a rise of around 30 per cent in the benchmark index S&P BSE Sensex, 2014 has been the best year for Indian equity markets since 2009, when the benchmark index surged 81 per cent.
Global brokerage firm CLSA is positive on India's growth stroy.
Sensex, Nifty have lost about 6%, against 0.5-5% decline in other key Asian indices.
Growth in India will pick up from current levels, says LEO Puri, managing mirector, UTI Asset Management Company.
The fall in metal and mining stocks comes on the back of weak Chinese trade data
Analysts say the company remains on a firm footing, stake sale by the founders will not impact fundamentals.
Going by the experience of the previous years -- when the actual proceeds from stake sale were much lower than the targets -- the government's disinvestment target for 2014-15 appears too ambitious.
The year 2014 has been one of the best for investors in the equity markets.
Rise in investor sentiment, return of risk appetite aid shares across the board
Despite the rally, on the basis of valuations, Indian markets aren't too expensive, says Christopher Wood, managing director and equity strategist at CLSA.
India Inc gets about Rs 67,000 crore worth of fresh orders in the Sept quarter, a rise of 45% sequentially.
The BSE Mid-and Small-cap indices outperformed their larger peers rising 72 per cent and 52 per cent, respectively, during Samvat 2070.
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
Foreign institutional investors (FIIs)' stake in Infosys is nearing historic highs. During the quarter ended September, they bought 6.38 million Infosys shares for Rs 2,236 crore, raising their stake 1.1 per cent, data show.
Analysts expect global markets to remain in consolidation mode with a negative bias over the next six months.
Since the cash flows will be impacted in a big way, DLF will have to resort to selling non-core assets in a substantial and significant manner through the next few quarters.
Brokers like Vasudevan are struggling to keep themselves in tune with this super-informed, new-generation retail investor.
Indian markets rose 19 per cent in the first half of this financial year, the best performance by any market during this period, globally.