FIIs have heavily bought the Indian Telecom Saga as even the rural Indians embrace it with joy and don't mind spending on it making India the second largest Telecom market in the world.
Top 10 stocks in thsi sector held by Foreign Investors
Scrip Name
Bharti Airtel
Rel. Comm.
Idea Cellular
Tulip Telecom
OnMobile Global
GTL
M T N L
Tata Comm
GTL Infra.
| Value of Holding INR Bn
292
59
18
6
5
4
3
2
1
|
SingTel's stake in Bharti Airtel counts as FII and thus the Huge Difference between it and RCom. SingTel's shares will never appear in the market, atleast in the next few years.
