Promoter ownership climbs to two-year high despite persistent FII selling
· economictimes.indiatimes.com
Indian promoters significantly boosted their stock purchases in the June quarter. This action drove their ownership in listed companies to a two-year peak. Meanwhile, foreign institutional investors reduced their holdings to a fourteen-year low. Domestic investors absorbed much of the foreign sell-off, reaching an all-time high. This trend highlights growing domestic participation in Indian equity markets.
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