Retail investors' holdings drop by Rs 1.67 trn to Rs 17.58 trn in Q1: Data

Shareholding of high networth individuals (HNIs) - those holding shares worth more than Rs 2 lakh in a company - also declined to 2.08 per cent as on June 30, from 2.21 per cent on March 31

The holding value of shares held by retail investors fell Rs 1.67 trillion during the three-month period ended June to Rs 17.58 trillion, according to a report by PRIME Database.

Retail shareholders — individuals who own shares of less than Rs 2 lakh in a company — increased their shareholding in 975 companies and reduced it in 730 companies. Their average holding declined marginally to 7.4 per cent as on June 30, from 7.42 as on March 31.

Meanwhile, the shareholding of high networth individuals (HNIs) — those holding shares worth more than Rs 2 lakh in a company