Back in the game! After 5 years, FIIs are once again warming up to Indian midcaps

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Key Points

Indias midcap stocks are again growing in popularity among overseas investors after five years of decline, according to Goldman Sachs Group Inc...

We are seeing a sharp reversal in foreigners ownership of India midcaps, strategists including Amorita Goel and Sunil Koul wrote in a note Wednesday, citing their analysis of second quarter shareholding data...

Overseas investor holding in midcaps has increased by 175 basis points to 16% of their market capitalization this year, compared with a drop of 250 basis points over the last five years, they added...

Global moneys return to smaller and riskier Indian stocks shows their confidence in Indias stock market despite concerns on valuation premium..

Indias equity market has received about $15.5 billion in net foreign inflow this year, just about $1.5 billion shy of erasing last years record outflow, according to data compiled by Bloomberg..

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