India Investment, Stocks, Credit Card and Retail Forum

Investments in Indian Equity and Research => India Stocks and Shares => Topic started by: komal on November 17, 2009, 10:02:50 PM

Title: FII Holding in Telecom & Communications
Post by: komal on November 17, 2009, 10:02:50 PM

FIIs have heavily bought the Indian Telecom Saga as even the rural Indians embrace it with joy and don't mind spending on it making India the second largest Telecom market in the world.

Top 10 stocks in thsi sector held by Foreign Investors

Scrip Name Bharti Airtel Rel. Comm. Idea Cellular Tulip Telecom OnMobile Global GTL M T N L Tata Comm GTL Infra.

Value of Holding INR Bn 292 59 18 6 5 4 3 2 1

SingTel's stake in Bharti Airtel counts as FII and thus the Huge Difference between it and RCom. SingTel's shares will never appear in the market, atleast in the next few years.