FPIs hit record high investments in September-end quarter: Know investors favourites
Foreign Portfolio Investors (FPIs) are an integral part of the Indian share markets growth and according to a report FPIs holding, in terms of value, has breached over Rs 50 lakh crore for the first time ever in NSE listed companies, as of September 30, 2021.
Foreign Portfolio Investors (FPIs) are an integral part of the Indian share markets growth and according to a report FPIs’ holding, in terms of value, has breached over Rs 50 lakh crore for the first time ever in NSE listed companies, as of September 30, 2021.
The foreign investors have touched an all-time high of Rs 54.69 lakh crore in the September-end quarter, up 12 per cent sequentially, according to primeinfobase.com, an initiative by PRIME Database Group. FPIs in the June-end quarter registered investment of Rs 48.82 lakh crore.
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During the quarter, the BSE Sensex grew by 12.66 per cent and Nifty50 up 12.07 per cent amid the surge in the FPIs contribution. However, the net inflows from FPIs stood at a measly Rs 3,928 crore during Q2 resulting in FPIs share declining to 21.47 per cent from 21.66 per cent sequentially.
According to the report, considering only free float, FPI ownership by value percentage went down to 43.34 per cent in Q2 from 43.73 per cent in Q1 this fiscal per; and in terms of ownership by a number of shares, FPI ownership went up to 5.93 per cent from 5.90 per cent quarter-on-quarter.
Out of the top 10 companies with the highest FPI holding in the September-end quarter of this fiscal, HDFC ranks at the number one position with a holding around 72 per cent, followed by ICICI Bank almost 59 per cent, and Zee Entertainment with over 57 per cent.
Similarly, Reliance Industries, HDFC Bank, and Infosys are the three out of the top 10 companies with the highest FPI holding in INR value terms as of the September-ending quarter of FY22.
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