Top 5 Stocks Vulnerable To FII Selling

In this year the FIIs till date have sold equities worth Rs 1700 crore. There is a talk among the market participants that this selling may continue for the next fortnight or so. Here in this article we are looking at stocks that have highest FII holding and these are the one that may get affected if the FIIs continue with their selling spree. We have considered stocks of the BSE 500 index and the shareholding is as of December 31, 2013.

Jain Irrigation Systems: Jain Irrigation Systems is engaged in the manufacturing of Drip and Sprinkler Irrigation Systems and Components. The company has one of the highest FII holdings in the BSE 500 index which stands at 52.44%. The market capitalisation of the company currently stands at Rs 2565 crore and on a YTD basis the stock prices of the company has declined by 17.88%.

IDFC: IDFC is India's leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services. With a market capitalisation of Rs 14457 crore the company has generated a negative return of 13.44% on YTD basis. The FIIs hold 51.39% in the counter.

Shriram Transport Finance: Shriram Transport Finance Company is an asset financing non banking finance company which provides commercial vehicle finance in India. The FIIs hold 49.72% stake in the company and on YTD basis the stock has generated a negative return of 17.38%. The current market capitalisation of the company is Rs 12615 crore.

Strides Arcolab: Strides Arcolab is a pharmaceutical company with a key focus on development and manufacture of IP-led niche generics and bio-pharmaceuticals. It is also among the world's largest manufacturers of specialty soft gelatin capsules. The FIIs hold 49.40% in the company and on a YTD basis the stock prices has gone down by 0.72%. The market capitalisation of the company stands at Rs 2135 crore.