As per a rating agency report, cheered by the euphoria in the equity market in recent days, foreign institutional investors are betting on large cap stocks and this is vigilant in light of their holding pattern. For the month ending June, FII ownership of the 500 stock index- BSE Sensex stood back near all time high levels of 21.2% which is a rise of 0.5% on a year-to-date basis.

In fact for the foreign investors, their share in the Nifty is now hovering at an all time high of 26.2%. But nonetheless, for BSE stocks, holding of foreign investors have previous high levels of December'14. Registering another record, growth in their MF investment also registered an increase from 0.6 to 5.6% on a year to date basis. Nonetheless, there was a decline though registered by the DII.

The report says "We believe both P/E multiples for the BSE500 and overall market flows still have strong global linkages, even though the cash pile and inflows for domestic MFs provide a buffer to the downside".

Also, the government equity exposure is steadily moving southwards at a time when both mutual funds and foreign investors net inflows are increasing. Also, a shift in the last few trading session has seen inflows into the government backed securities instead of equities. In addition, there has been news of FPIs pulling out funds from the market on the back of higher valuation in surging markets.

Here are listed 5 such stocks in which FPIs have increased their exposure tremendously over the last on year. Also, investments in these stocks have known to double investors' wealth in such a time of almost 4 quarters.

1. Sharda Motor-Since the first quarter of 2017 FY, foreign investors have raised their share in this stock by a staggering 223.4%. Alone for the first quarter of this current FY, it increased its holding by as much as 0.43%.

2. West Coast Paper: One of the largest paper manufacturer has also seen increase in FPIs investments and for the first quarter alone, it saw an increase of 4.53% and marks an overall change in equity exposure of foreign investments from the Q1 FY2017 at 139.89% until Q1 FY 2018.

3. Himadri Specialty: Largest manufacturer of coal tar pitch also saw a net change in foreign investments to the tune of 138.85% as of Q1 FY 2018 as against the Q1 FY 2017.

There are other 52 more stocks which also saw an increase in foreign investments by stupendous amounts.

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