Ownership of foreign institutional investors (FIIs) in India’s top 75 companies rose to 20.4 per cent in the quarter ended March 31 2012 from 19.5 per cent in the quarter ended December 31, 2011, according to Morgan Stanley. During the same period, promoters’ stake in these firms fell to 53.1 per cent from 54 per cent. Morgan Stanley estimates the value of FII holdings in Indian shares to be $227 billion as on March 31.
| Ownership trend of top 75 companies Stake in (%) | |||||
| 11-Mar | 11-Jun | 11-Sep | 11-Dec | 12-Mar | |
| FIIs | 20.20 | 19.80 | 19.50 | 19.50 | 20.40 |
| Promoters | 54.10 | 54.10 | 54.00 | 54.00 | 53.10 |
| Financial Institutions | 8.20 | 8.20 | 8.20 | 8.40 | 8.70 |
| Domestic MFs | 3.60 | 3.70 | 3.70 | 3.70 | 3.60 |
| Public & Others | 14.00 | 14.20 | 14.60 | 14.40 | 14.10 |
| Data compiled by BS Research Bureau Source: BSE, NSE, Morgan Stanley Research | |||||