Retail shareholding at record high
Retail investors invest a whopping Rs18.98 lakh crore holding 7.32% in NSE-listed companies in Dec qtr; Contrary, institutional shareholding declining due to FPI outflows of Rs38,521 cr in Q3
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Mumbai: The share of retail investors in NSE- listed companies has reached an all-time high of 7.32 per cent in December 2021, and in rupee terms it has touched a record high of Rs18.98 lakh crore, says a report.
However, there was an overall fall in institutional shareholding, largely due to the massive Rs 38,521 crore net outflows from foreign portfolio investors (FPIs) during the quarter, which resulted in their share declining to a nine-year low of 20.74 per cent, from 21.46 per cent. According to data compiled by Primeinfobase.com, an arm of Prime Database Group, retail shareholding in NSE-listed companies touched an all-time high of 7.32 pc in December, up from 7.13 per cent in September 2021.
Moreover, the value of retail shareholders in rupee terms has touched a record high of Rs 18.98 lakh crore, up from Rs 18.16 lakh crore in September, an increase of 4.54 per cent. The analysis is based on shareholding patterns of 1,714 of the total 1,768 NSE companies. Prime Database Group managing director Pranav Haldea said this is despite the fact that Sensex and Nifty declined by 1.48 and 1.50 per cent respectively during this period.