FPI's December-end shareholding in NSE-listed firms at 5-year high of 23%

This is up 123 basis points over September 2020, and comes on the back of Rs 1.42 trillion foreign capital flows into domestic stocks during October-December 2020

Shareholding of foreign portfolio investors (FPIs) in listed companies is at the highest level in five years. According to data compiled by Prime Database, FPIs held 22.74 per cent stake in NSE-listed firms at the end of December 2020, up 123 basis points over September 2020. The increase comes on the back of Rs 1.42 trillion foreign capital flows into domestic stocks during the October-December 2020 period.

The value of FPI holding hit a record high of Rs 41.83 trillion, up 29 per cent compared to Rs 32.47 trillion at the end of September 2020.

The benchmark Sensex rose 25