neutral
BEL Declines Over 3% Even as FIIs Continue Selective Buying
Bharat Electronics saw its stock fall 3.23% on November 24, adding downward pressure on broader indices as investors reacted to sector-specific weakness. Despite the decline, foreign institutional investors remained net buyers, recording purchases worth ₹284 crore according to exchange data. Market analysts suggested that while BEL’s correction influenced sentiment in defence-linked names, overall institutional participation indicates continued confidence in large-cap defensives.
Companies:
- Bharat Electronics
Tags:
- stocks
- bel
Explore:High Return Equity Mutual Fund
neutral
BEL Declines Over 3% Even as FIIs Continue Selective Buying
Bharat Electronics saw its stock fall 3.23% on November 24, adding downward pressure on broader indices as investors reacted to sector-specific weakness. Despite the decline, foreign institutional investors remained net buyers, recording purchases worth ₹284 crore according to exchange data. Market analysts suggested that while BEL’s correction influenced sentiment in defence-linked names, overall institutional participation indicates continued confidence in large-cap defensives.
Companies:
- Bharat Electronics
Tags:
- stocks
- bel
Explore:High Return Equity Mutual Fund
1 min read
61 words
Bharat Electronics dropped 3.23% during the session, even as foreign investors bought ₹284 crore worth of equities, signaling selective accumulation despite pressure.
Bharat Electronics saw its stock fall 3.23% on November 24, adding downward pressure on broader indices as investors reacted to sector-specific weakness. Despite the decline, foreign institutional investors remained net buyers, recording purchases worth ₹284 crore according to exchange data. Market analysts suggested that while BEL’s correction influenced sentiment in defence-linked names, overall institutional participation indicates continued confidence in large-cap defensives.
Bharat Electronics saw its stock fall 3.23% on November 24, adding downward pressure on broader indices as investors reacted to sector-specific weakness. Despite the decline, foreign institutional investors remained net buyers, recording purchases worth ₹284 crore according to exchange data. Market analysts suggested that while BEL’s correction influenced sentiment in defence-linked names, overall institutional participation indicates continued confidence in large-cap defensives.
Companies:
- Bharat Electronics
Tags:
- stocks
- bel
- stocks
- bel
- defence
- india