Winning Bizness Desk
Mumbai. Till now it was believed that the boom in the stock markets of India is seen only when foreign investors make investments. But if we talk about today's scenario, the Sensex is touching almost 62 thousand and the Nifty50 is also ready to cross its all-time high. This is when the investment of foreign institutional investors (FIIs) is the lowest in the last 10 years. At present, the growth of the Indian stock market is riding on the enthusiasm of domestic institutional investors (DIIs).
DIIs hold 14.79 per cent shares
According to data from the National Stock Exchange (NSE), currently the share of DIIs is 14.79 per cent, which is the highest ever. These figures are till 30 September. As of the last quarter (June 30), the share of DIIs was 14.06 per cent. The gap between FII and DII holding narrowed to its lowest level in the quarter. DII holding is now just 22.3% less than FII holding. The FPI to DII ownership ratio has also come down to an all-time low of 1.29 by September 30, 2022, from 1.37 in the previous quarter. Sensex and Nifty gained 8.31% and 8.33% respectively during the September quarter.
FIIs holding in listed companies at Rs 50.52 trillion
Over a period of 13 years (since June 2009), the share of FIIs has increased from 16.02% to 19.03%, while that of DIIs has increased from 11.38% to 14.79%. FIIs holding in listed companies on NSE stood at Rs 50.52 trillion as on 30 September, which is 10.73% higher than Rs 45.62 trillion as on 30 June. FPIs pulled out Rs 21,878 crore from information technology, oil and gas, and consumables sectors in the quarter. While Rs 22,689 crore was invested in financial services and healthcare.