New Delhi, March 20 -- Foreign institutional investors (FIIs) have been shifting their focus from large-cap stocks to select smaller companies, reshaping investment patterns in the Indian market.

In the December 2024 quarter, FIIs increased their stake in only nine Nifty 50 firms while trimming positions in the rest. A similar trend was seen in the Nifty 100 index, where just 26 companies saw an uptick in FII ownership.

Read this | Beaten-down small-caps begin to tempt mutual funds

However, the broader market told a different story. FIIs boosted their stakes in 44% of BSE Midcap stocks and 55% of BSE Smallcap stocks. Of the 937 small-cap firms that disclosed shareholding details, 466 saw increased FII interest.

Against this backdrop, ...