DIIs increase stake in 8 midcap stocks in Q2FY27
NSE moved higher in a quarterly results development for Q2FY27.
· ET Stocks, Economic Times Markets
DIIs increased their holdings in several NSE midcap stocks during the September 2026 quarter. Swiggy, One97 Communications, Meesho, Cochin Shipyard, Lenskart Solutions, Piramal Finance, APL Apollo Tubes and SBI Cards and Payment Services saw DII shareholding rise by more than 200 basis points quarter-on-quarter, based on StockEdge’s shareholding scan.
Key facts
- Period
- Q2FY27
The analysis
NSE reported movement of 200 basis points for Q2FY27. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +2.3% on the day at ₹234.30, and has returned -14.2% over three months. It sits 48% below its 52-week high, which means a good deal of bad news was already in the price. The hotels & restaurants sector has moved +2.3% over the same period, so Swiggy is running 16.5 points behind its peers.
This is an Index / institutional flows event. Passive and institutional flows move price independently of fundamentals, and around rebalancing dates they dominate it. On the day the stock is +2.3%, so the market took notice.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- Sustained FII or DII direction moves the whole market, not just the names being bought — it sets the tape's tone.
- With NSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- It touches several names at once (SWIGGY, PAYTM, MEESHO, COCHINSHIP), which points to a sector-level rather than company-specific driver.
- Sector exposure: Hotels & Restaurants, Financial Services, Consumer & Retail.
In this story
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