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MOSL: Morning India (29/October/21): 1. India Strategy (Ownership analysis – DII stake in Nifty-500 at 12-quarter low); 2. Bajaj Auto; 3. SBI Cards; 4. Indigo; 5. Marico; 6. United Spirits; 7. Punjab National B

Morning India (29/October/21): Morning India (29/October/21): 
Today’s top research themeIndia Strategy: Ownership analysis - DII stake in Nifty-500 at 12-quarter low- Equity markets witnessed a strong rally in CY21 with the Nifty-50 and NSE Midcap-100 up 28%/46% YTD'21.- Divergent sequential trends are being witnessed between FII and DII purchases. On a QoQ basis, FIIs increased their holding in Consumer Durables, Capital Goods, Oil & Gas, and Telecom, while DIIs reduced their holding in these sectors. On the other hand, DIIs increased their positioning in Automobiles, Private Banks, and Healthcare, whereas FIIs cut their stake in these sectors on a QoQ basis.- FII holding in the Nifty-500 remained unchanged QoQ but increased 40bp YoY to 21.6% in 2QFY22. DII holding in the Nifty-500 was down 20bp QoQ /80bp YoY to 13.8%.- FIIs increased their ownership QoQ in 53%/40% of Nifty-500/Nifty-50 companies QoQ, while DIIs increased their stake QoQ in 48%/64% of Nifty-500/Nifty-50 companies.
Piping hot newsCIL has stepped up coal supply to meet increased demand of power sector: Pralhad JoshiCoal Minister Pralhad Joshi on Thursday said state-owned CIL has stepped up fuel supply to meet the increased demand of the power sector and arrest shortages at thermal power plants caused due to rising cost of imported coal. "Coal production and despatch have now increased and we are supplying about 2.2 million tonnes coal in a day to the power plants, which is itself a record," Joshi was quoted as saying in a statement by Coal India arm Mahanadi Coalfields Ltd (MCL).