FIIs buy, promoters sell

(January to March quarter)

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