New Delhi, Feb. 4 -- In a bold move that defied the broader market downturn, foreign portfolio investors (FPIs) strategically increased their stakes in select Indian companies during the December quarter, even as they pulled out Rs.1 trillion from the markets in the third quarter of 2024-25.

This surprising trend highlights FPIs' continued confidence in the long-term growth potential of select stocks, even amid short-term volatility.

According to data from Prime Database, FPIs raised their holdings in 766 companies, with these stocks collectively rising an average of 1.87% during the quarter. Their most notable moves include Indiabulls Enterprises Ltd, in which they increased their ownership by 17.06 percentage points. This resulted in ...