Indian promoters significantly boosted their company ownership, reaching a two-year peak. Foreign institutional investors reduced their stakes to a fourteen-year low during this period. Promoters invested heavily, signaling confidence in business valuations and market conditions. Domestic investors absorbed much of the foreign sell-off, showing market strength. This trend occurred amidst rising oil prices and global uncertainties.
Promoter ownership climbs to two-year high despite persistent FII selling
Indian promoters significantly boosted their company ownership, reaching a two-year peak. Foreign institutional investors reduced their stakes to a fourtee…
