FIIs, promoters lose 16-20% in market crash

Other than company promoters, foreign institutional investors (FIIs) were the largest losers in the current market fall.

In the last six trading days, the Sensex, BSE's benchmark index, has declined a record 3,222.10 points - from 20,827.45 to 17,605.35.

The total market capitalisation of the actively-traded stocks fell by Rs 11,85,687 crore to Rs 59,53,526 crore. 
 

CRASHING RECORDS
Rs crore	Market wealth lost
	FIIs	Ins/MF
RIL	15895	6818
ICICI Bank	11858	4917
Bharti Airtel	6592	1104
Reliance Cap	6591	516
HDFC	6298	793
R-Comm	4038	3111
DLF	3937	184
Infosys Tech	3611	306
REL	3505	3953
ONGC	3329	1984

The aggregate market value of equity shares in which FIIs hold stake was eroded by Rs 164,518 crore during the trading days.

FIIs' total wealth in the Indian equity market declined from Rs 10,17,567 crore on Friday, January 11 to Rs 853,049 crore on Monday, January 21 - a little over 16 per cent.

The total market wealth of promoters, too, declined by Rs 6,97,934 crore to Rs 34,12,232 crore (from Rs 41,10,166 crore) over the same period, a fall of over 20 per cent.

The total market wealth of retail investors eroded by Rs 106,920 crore (over 16 per cent) and that of financial institutions "" including banks, mutual funds and insurance companies "" by Rs 91,669 crore.

Insurance companies lost Rs 41,789 crore, mutual funds (Rs 37,317 crore) and banks (Rs 12,563 crore).

FIIs' market value in five stocks - Reliance Industries, ICICI Bank, Bharti Airtel, Reliance Capital and HDFC - depreciated by over Rs 47,000 crore. In 28 firms, their market wealth declined Rs 1,000 crore to Rs 4,000 crore. Reliance Industries (Rs 15,895 crore) and ICICI Bank (Rs 11,858 crore) were major losses for the FIIs.

FIIs have made a record investment in the equity markets in the last two calendar years. The findings are based on data culled from the latest shareholding patterns of the companies available and the assumption is that there has been no change in stake till date.