Promoters now own 42% of NSE-listed companies, a 3-year high
Rising Holdings In Cos Point Towards Markets' Bottom
MUMBAI: Private promoters now hold a 42% stake in NSE-listed companies, marking a three-year high, according to a Prime Database analysis. This surge in promoter ownership comes after a significant decline from December 2021 to March 2026. Analyst Pranav Haldea suggests this trend may signal that the market is reaching a bottom.
Meanwhile, mutual funds have reached an all-time high of 11.8% ownership of NSE-listed companies, up from 11.6% on June 30, and represent their 13th consecutive quarter of growth. Haldea notes that this could indicate retail investors' confidence in mutual funds as a reliable investment option. Despite a range-bound market over the past couple of years, it remains to be seen whether retail investors will continue to invest about Rs 30,000 crore monthly through systematic investment plans (SIPs).
Foreign institutional investors (FIIs) have also decreased their holdings in Indian companies to a 14-year low of 15.6%, from 15.9% the previous quarter, narrowing the gap between domestic and foreign fund houses to 3.8%.
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