INDIA'S PROMOTERS HAVE sold shares worth ₹1.5 lakh crore in 2024 so far, the highest in at least five years, cashing in on a rallying stock market and frenzy in the primary market.
The cash realised by promoters in 2024 of ₹1.49 lakh crore, data from Prime Database reveals, was higher than the value of ₹1.26 lakh crore realised in the previous year.
The shareholding of private Indian promoters, as a share of the total market capitalisation of firms listed on the National Stock Exchange, stood at 32.8% at the end of September. This compares with 36.4% in December 2021.
The share of foreign portfolio investors too has fallen from 19.7% to 17.7% over this period. However, the share of active domestic mutual funds has gone up from 6.10% to 7.7%, while for passive domestic mutual funds the share has risen from 1.3% to 1.8%. The share of retail investors has remained more or less flat at 9.6%.
Diese Geschichte stammt aus der December 30, 2024-Ausgabe von Financial Express Mumbai.
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Diese Geschichte stammt aus der December 30, 2024-Ausgabe von Financial Express Mumbai.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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