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FIIs turn net buyers of software & services, real estate stocks
TIWN
TIWN
PHOTO : TIWN
Mumbai, May 7 (TIWN) As foreign institutional investors (FII) largely pulled out investments in April amid the resurgent Covid crisis, software and services and real estate stocks ducked the subdued trend and attracted foreign funds during the second half of April.
As per a research report released by Emkay Global Financial Services, the FIIs showed maximum interest in software and services and real estate sector companies. For the fortnight April 16-30, 2021, the software and services and the real estate sector saw buying worth $281 million and $232 million respectively.
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