DIIs raise stakes in 70% of Nifty 50 firms in Q3 even as FPIs prune big

FPI allocation to BFSI companies in Nifty 500 declines to 20-quarter low

Domestic institutional investors (DIIs) raised their stakes in 70 per cent of companies that are part of the Nifty50 in the third quarter of financial year 2021-22 (Q3FY22). Foreign portfolio investors (FPIs), on the other hand, reduced their holdings in 74 per cent of these companies.

Tata Motors, Maruti Suzuki, and NTPC saw the highest increase in FPI holding, whereas Axis Bank, IndusInd Bank and Hero MotoCorp saw the biggest decline during the quarter.

DII holdings rose the most in IOCL, Axis Bank, and Hero MotoCorp. NTPC was the only stock that saw DII holdings decline more than 1 per cent sequentially.

FPI