Foreign portfolio investors' (FPIs') shareholding in NSE-listed companies fell 51 basis points sequentially to 17.68 per cent in the quarter ended March 31, 2024, according to data compiled by PRIME Database. This is the lowest FPI shareholding since December 2012.
From the recent peak of 21.21 per cent at the end of December 2020, FPI shareholding is down 353 basis points. On the other hand, the shareholding of domestic institutional investors (DIIS) is on the rise. At the end of the March 2024 quarter, it rose to 16.05 per cent, up from 13.58 per cent at the end of December 2020. The gap between shareholding of FPI and DII investors has narrowed to just 163 basis points, a new low.
This story is from the May 07, 2024 edition of Business Standard.
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This story is from the May 07, 2024 edition of Business Standard.
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