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Missed the FII U-turn? 6 stocks turned multibagger after foreign investors corrected their mistake
Foreign institutional investors (FIIs) reversed their selling trend in six select Indian stocks, turning them into multibaggers. Bajaj Consumer Care led the pack with a 265% surge after FIIs significantly increased their stake. Other beneficiaries include Acutaas Chemicals, SML Mahindra, Dee Development Engineers, United Foodbrands, and RateGain Travel Technologies, all witnessing substantial gains following FII re-entry. This shift highlights smart money's strategic course correction.
Acutaas Chemicals among 4 stocks that closed crossing above VWAP
Four Nifty500 stocks, Signatureglobal (India), Afcons Infrastructure, Aarti Industries and ACME Solar Holdings, closed over 1% above VWAP on May 29, signaling bullish momentum and strengthening positive market sentiment.