Experts believe there are more such decisions in the offing, which along with a recovery in economic growth and India Inc.
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.
It, however, lags other states on crucial parameters such as health care and rural poverty.
Though the markets have lost ground since the past few sessions, analysts do not seem worried.
Short-term gains are always unpredictable.
Big bull's holdings cross Rs 7,200 crore (Rs 72 billion).
In 2008, the 13 companies on the list accounted for 34 per cent of the overall m-cap.
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Inflows cross $10-billion mark for 3rd consecutive year.
Beat gains made by mid-cap, broader indices.
Metal stocks fell on Tuesday, with the S&P BSE metal index sliding 2.8 per cent compared to the 0.64 per cent fall in the benchmark S&P BSE Sensex
The markets tend to react six to eight months in advance
Compared to their Indian peers, MNCs have higher return ratios.
Better-than-expected financial results in Q3 due to higher revenue growth and margins in key markets fuel the rally
FMCG stocks have underperformed the market, falling 2.2 per cent so far in 2014.
A delay in US Federal Reserve's quantitative easing tapering, coupled with better-than-expected September quarter earnings, ensured FIIs kept foreign money flowing into Indian equities.
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Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
A record net inflow in Indian equities in the financial year ending March 2013 helped foreign investors widen their grip.
Interview with CMD, Motilal Oswal Financial Services
Demand low, regulatory issues seen as bigger hindrances.
Sales growth slows but expenditure control, lower interest burden save the day.
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