{Rama Realtors:86910} Fwd: ShareHolding Analysis: Mar-13

1. In Q4FY13, FII holding in Nifty gone up significantly by 1.4% to 20.6%, though Nifty index has gone down by 3.7%.

2. FII's Midcap hunt is on : There are more number of stocks where FII increased the stake as compared to number of stocks where FII decreased. The ratio of increase to decrease is 2:1 in case of Nifty stocks. In BSE 200 (ex Nifty) ratio is 3:1. Similarly, in case of BSE 500 (ex BSE 200) ratio is 1.6:1.

3. This was the rarest quarter, in which, although FII's were continuously investing in the markets, the markets were falling. FII's invested more than $7 bn. Though in the subsequent months (April and May '13), this disparity between the index movement & FII's investment reduced to the minimal level.

4. From the change in holding of Nifty stocks, it can be interpreted that FII's were more biased towards Private Banks, as among the top 10 stocks where FII increased the holding, 3 are private banks viz. Axis Bank, Indusind Bank and Kotak Mahindra Bank.

5. Surprisingly, in stocks like Manappuram Fin, where there was too much of negative news flow, FII increased the holding by 6.4%. They also increased the holding in Muthoot Finance by 2.1%.

6. Most of the stock, where FII's reduced the holding haven't gone up in the run-up that came in April & May '13. Among Largecap noticeable names are Hindalco, Jindal steel, Hero Motocorp.