The share of domestic investors — DIIs, retail and high net worth individuals (HNIs) investors — in NSE listed companies rose for the sixth straight quarter, reported Hindu Business Line.
According to primeinfobase.com, domestic investors’ stake in these companies rose to yet another alltime high of 25.72 per cent as on March 31, this year, from 24.44 per cent as on December 31, 2022.
Despite net outflows from foreign institutional investors (FIIs) of ₹26,211 crore during the quarter, FIIs’ share increased marginally to 20.56 per cent (20.24 per cent).
The share of the government (as promoter) declined to 7.75 per cent (7.99 per cent). The share of private promoters decreased to a three-year low of 41.97 per cent (43.25 per cent).
Net inflows from DIIs stood at ₹83,200 crore during the quarter. FIIs pulled out ₹35,048 crore from Oil, Gas and Consumable fuels and financial services sectors during the quarter, while investing ₹12,994 crore in services and capital goods sectors.
Share of insurance companies as a whole increased to a sixyear high of 5.87 per cent (5.65 per cent). LIC continues to command alion’s share of investments in equities by insurance companies (at least 68 per cent share or ₹10.05lakh crore).
LIC’s share (across 273 companies where its holding is more than 1 per cent) increased to 3.99 per cent (3.95 per cent).
Share of retail investors also increased to an alltime high of 7.48 per cent (7.23 per cent), while the share of HNIs declined marginally to 1.88 per cent (1.89 per cent).
There were 18 companies in which the trinity of promoters, FIIs and DIIs all increased their stake during the quarter — these being Bajaj Holdings & Investment, Shriram Finance, Deepak Nitrite, Natco Pharma, NCC, Eclerx Services, Jindal Saw, Anant Raj, Hikal, Dhanuka Agritech, Jai Corp, PSP Projects, IOL Chemicals, BarbequeNation Hospitality, Cosmo First, RPG Life Sciences, Pix Transmissions and Linc.