Day: April 17, 2014

FIIs raise holdings in mid-cap companies in March 2014 quarter

Last updated : 17th April, 2014 Foreign institutional investors (FIIs) have traditionally remained skeptical about mid-caps because of corporate governance concerns and lack of liquidity in the stocks, but they have increased their stakes in the counters in the March 2014 quarter. Brokers said the difference in valuations between large-caps and midcaps had widened significantly