FPIs increase IndusInd Bank stake by 5.24%, DIIs boost Eternal stake by 3.94%

In the Indian stock market, from the end of September to the beginning of April, a significant correction was witnessed. However, the month of April brought some stability. Global triggers seem to be working in favor of the Indian market. During these five months, foreign investors withdrew a lot of money from the market. The situation becomes even more interesting when we look at where FPIs (Foreign Portfolio Investors) sold the most and where they invested their money during the last quarter of FY2025.

In the March 2025 quarter, while FPIs exited from 39 Nifty companies, Domestic Institutional Investors (DIIs) took advantage and made aggressive purchases. This fascinating shift in market movements has made certain stocks favorites for FPIs, while some others were completely ignored.

1. Big Sell-Off by FPIs

FPIs reduced their average stake to 21.32%, pulling out nearly ₹1 lakh crore from the stock market during this quarter. In contrast, DIIs made purchases worth ₹1.89 lakh crore. Meanwhile, retail investors appeared more or less stable, neither too enthusiastic nor too disappointed.

2. Which Stocks Did FPIs Sell?

Among the companies from which FPIs exited the most, Jio Financial took the lead, where they reduced their stake by -3.95%. Other companies that saw significant FPI sell-off included Axis Bank (-3.01%), Eternal (-2.92%), Apollo Hospitals (-2.53%), and Trent (-2.02%).

3. Which Stocks Did FPIs Buy?

FPIs' new favorite stocks also show an interesting trend. They increased their stake the most in IndusInd Bank by 5.24%. Other stocks they showed interest in include Bharti Airtel (1.15%), Bajaj Finance (0.70%), Wipro (0.55%), and Shriram Finance (0.52%).

4. DIIs Reversed FPIs' Moves

Where FPIs were selling stocks like Eternal, Axis Bank, Apollo Hospitals, and Trent, DIIs were actively buying into these companies. DIIs raised their stake in Eternal by 3.94%, Axis Bank by 3.48%, Apollo Hospitals by 2.41%, and Trent by 1.95%.

5. FIIs Sold, DIIs Bought

The situation gets more intriguing with stocks like IndusInd Bank, Bajaj Finance, Wipro, and Shriram Finance. In these stocks, FPIs increased their stake, while DIIs reduced their holdings. This indicates that FPIs preferred these stocks, while DIIs showed little interest.

6. Retail Investors' Moves

Retail investors had a neutral stance, but they showed some interest in stocks like Jio Financial (1.80%), IndusInd Bank (1.41%), and Tata Motors (0.52%). On the flip side, their stake in Tata Steel (-0.65%), Tata Consumer (-0.55%), and Bajaj Finance (-0.44%) saw a decline.