If FII or Foreign Institutional Investor is understood in simple words, then it is a citizen who is not from India and is investing money here. However, there are many rules for this. These investors invest and withdraw crores of rupees in Indian markets every day. Now, a big news has come about them.

The news is that they have bought shares of 8 big IT companies. According to the information given on BSE, they have bought shares of TCS.

(1) FIIs have increased their stake in TCS. The information released on the exchange said that the stake was 12.35 percent in June 2024. At the same time, by 30 September 2024, the stake has increased to 12.66 percent. (2)  COFORGE LIMITED is the second such company. In which FIIs have bought. Along with this, DIIs have also bought it. The information released on the exchange said that the stake was 41.43 percent in June 2024. At the same time, by 30 September 2024, the stake has increased to 42.09 percent. DIIs i.e. domestic institutional investors have also bought shares fiercely. The information released on the exchange said that the stake was 47.29 percent in June 2024. At the same time, by 30 September 2024, the stake has increased to 48.15 percent. (3) Infosys Ltd. This is the third company in which FIIs have increased their stake. The information released on the exchange said that the stake was 32.74 percent in June 2024. At the same time, the stake has increased to 33.28 percent by 30 September 2024. DII i.e. domestic institutional investors have also bought shares heavily. The information released on the exchange said that the stake was 37.59 percent in June 2024. At the same time, the stake has increased to 38.11 percent by 30 September 2024. (4) LTIMindtree Ltd.  This is the fourth company in which FIIs have increased their stake. The information released on the exchange said that the stake was 7.28 percent in June 2024. At the same time, the stake has increased to 7.39 percent by 30 September 2024.

DIIs i.e. domestic institutional investors have also bought shares fiercely. In the information released on the exchange, it was told that the stake was 14.24 percent in June 2024. At the same time, by 30 September 2024, the stake has increased to 14.89 percent.

(5) Persistent Systems Ltd This is the fifth company in which FIIs have increased stake. In the information released on the exchange, it was told that the stake was 22.55 percent in June 2024. At the same time, by 30 September 2024, the stake has increased to 23.34 percent.

(6) Tech Mahindra Ltd This is the sixth company in which FIIs have increased stake. In the information released on the exchange, it was told that the stake was 23.37 percent in June 2024. At the same time, by 30 September 2024, the stake has increased to 23.67 percent. Whereas, FIIs were selling shares for 3 quarters. Their stake was 26.22 percent in September 2023. Which fell to 24.15 percent in March 2024. This is the first time after 5 quarters that FIIs have increased their stake.

(7) Wipro is the seventh company in the list.  FIIs have also increased their stake in this. The information released on the exchange said that the stake was 7.12 percent in June 2024. At the same time, the stake has increased to 7.27 percent by 30 September 2024.

(8) HCL Technologies Ltd is the 8th company in the list. FIIs have also increased their stake in this. The information released on the exchange said that the stake was 18.45 percent in June 2024. At the same time, the stake has increased to 18.67 percent by 30 September 2024.

When we went to the experts with this question, they said that the IT sector was struggling with economic slowdown for a long time. At the same time, now the benefit of the US elections and the reduction in interest rates by the Federal Reserve will be available.