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BUSINESS

FPI Holdings Dip in March Quarter

Holdings of foreign portfolio investors (FPIs) in NSE listed companies saw a marginal quarter-on-quarter (QoQ) dip in percentage terms in the March quarter of FY21 (Q4 F21). As per a report by primeinfobase.com, FPI holding stood at 22.60 percent as of March 31, 2021, down from 22.74 percent as of December 31, 2020. The quarter witnessed a net inflow of Rs 55,741 crore.

However, in rupee value terms, FPI ownership reached an all-time high of Rs 44.66 lakh crore as of March 31, 2021, up 6.77 percent from Rs 41.83 lakh crore as of December 31, 2020, said the report. In terms of ownership by the number of shares (average of FPI holding as a percentage of total share capital across all NSE-listed companies), FPI ownership went up to 5.96 percent as of Q4 FY21 from 5.82 percent in
Q3 FY21, said the report from primeinfobase.com.

In terms of percentage holding, HDFC, Zee Entertainment, Shriram Transport, ICICI Bank and IndusInd Bank were among the top 10 companies with the highest FPI holding in the March quarter. On the other hand, TCS, Kotak Mahindra Bank, Adani Green Energy, HCL Tech, IndusInd Bank, Asian Paints, Bajaj Auto, Dr Reddy’s Labs, Sun Pharma and Info Edge saw the highest-selling by FPIs in the March quarter.

Oriental Trimex, Gammon Infrastructure Projects, Poly Medicure, Godrej Properties and Aditya Birla Fashion and Retail were among the stocks that saw the highest increase in FPI holdings in percentage terms from the previous quarter.

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