FPI holding hits multi-year lows in 70% of top 100 Indian companies
Mumbai: Overseas investors' holdings in nearly 70% of India's top 100 companies are at multi-year lows amid unabated selling of blue-chip stocks over the past two years, reflecting…
Attributed summary
Mumbai: Overseas investors' holdings in nearly 70% of India's top 100 companies are at multi-year lows amid unabated selling of blue-chip stocks over the past two years, reflecting diminished appetite for local equities.The decline in foreign ownership has been broad-based but has been more pronounced in the largest companies, especially banks and information technology.Godrej Consumer…
Read the original report — Economic Times
Storywire publishes attributed summaries for discoverability. Full reporting remains with the original publisher — we do not republish restricted full text.
