Retail holding in NSE companies at record high – Times of India

by The Technical Blogs

MUMBAI: The share of retail investors in companies listed on the NSE rose to an all-time high of 7.6% during the quarter ended September from 7.5% a quarter ago. The share of holding by promoters fell to a four-year low of 41.6%, a report by Prime Database showed. The shares of both foreign and domestic institutional shareholders fell marginally during the quarter, to 18.4% and 16% respectively, the report showed.
During the quarter, the share of the government (as a promoter) increased to a five-year high of 8.79% as of September 2023.However, seen on a long-term basis, over a 14-year period the share of the government has declined considerably from 22.5% as on June 30, 2009, primarily due to the government’s divestment programme, not enough new listings of PSUs and lacklustre performance, said Pranav Haldea, MD,Prime Database Group.

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