World famous college has confidence in Indian market, did not sell stocks even in decline, invested Rs 8000 crore in 32 shares

Stock Market News: The strong fundamentals of Indian stock markets can be gauged from the fact that the world’s famous technology institute has invested Rs 8000 crore in the market. This money was invested long ago in the shares of different companies during 2017 to 2022. The special thing is that despite the decline in the Indian stock market, MIT (Massachusetts Institute of Technology) has not withdrawn the money. This American institute is registered as FPI in India. This shows that there is confidence in Indian shares from investors to institutions in the country and abroad. Let us tell you in which shares of Indian companies the world’s top technical institute MIT has invested money in.

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invested money in these companies

According to the latest corporate shareholding, Massachusetts Institute of Technology owns 32 publicly traded stocks with a total value of Rs 6,670 crore. MIT has invested money in shares of many Indian companies. These include many shares including Yatra Online, Apex Frozen Foods, Action Construction, Equitas Small Finance Bank, Ramakrishna Forgins, Gujarat Ambuja Exports Limited, Globus Spirits, Kaveri Seed, NIIT Limited, Radico Khaitan.

Shares not sold even after fall

MIT’s total investment in the Indian stock market till September 2024 was Rs 7,598.5 crore, which has now fallen by 13 percent to Rs 6,593.2 crore. MIT has invested in companies from different sectors in its investment portfolio.

In which companies investment was reduced and increased?

Massachusetts Institute of Technology has increased investment in shares of Apex Fozen Foods by one percent, while it has reduced stake in 6 stocks including ITD Cementation, Ramakrishna Forgins, Equitas Small Finance Bank and Action Construction.

(Disclaimer: The information given here regarding shares is not an advice to buy or sell them. Since investing in the stock market is subject to market risks, please consult a certified advisor before investing.)

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