The long and short of it

An analysis of shareholding data of Nifty companies shows foreign investors increased holdings in power major NTPC most, followed by private sector lenders Axis Bank and IndusInd Bank. The substantial increase in shareholding in NTPC (7.16 percentage points) and Axis Bank (4.53) could be on the back of the large share sales in these two companies.

IndusInd Bank, too, saw foreign institutional investors (FIIs) and insurance companies increase holding by 158 and 132 percentage points respectively, but mutual funds pared their holding in the Mumbai-based bank by 179 basis points. On an overall basis, FII shareholding in Indian companies rose further to an all-time high during the March quarter, while that of domestic investors fell to the lowest level in over three years (Click on graphic)