FIIs, MFs Heavily Buy 6 Stocks Before Budget: Mphasis, Swiggy, RBL Bank Among Them

• Mutual funds and foreign investors aggressively bought six stocks in the December quarter ahead of the 2026 budget: Mphasis Ltd, Swiggy, Sagility, Bank of Maharashtra, RBL Bank, and Anand Rathi Wealth Ltd.
• Swiggy shares fell 17% in January due to increased competition, but FIIs and MFs increased their stake, showing long-term optimism.
• Mphasis Ltd saw increased mutual fund and FII holdings despite a 3% January drop; PL Capital recommends 'Buy' with a target of Rs 3,480.
• Anand Rathi Wealth Ltd saw increased investor stake, but weak results led Motilal Oswal to give a 'Neutral' rating; stock fell 5% in January.
• RBL Bank and Bank of Maharashtra experienced rapid increases in FII and MF holdings; Bank of Maharashtra rose 5% in January due to strong profit.

Why It Matters: FIIs and MFs aggressively bought 6 stocks before the budget, showing long-term confidence despite mixed January performance.