Domestic investors’ shares in NSE listed companies declined to 25.50% of total equity value on June 30, after increasing for six quarters in a row, showed data from primeinfobase.com. The market capitalisation of NSE-listed companies was ₹294 lakh crore as on June 30, 2023. As on March 31, they held 25.73%, rising from 22.40% on September 30, 2021. Meanwhile, foreign portfolio investors’ share increased in the fourth quarter to 18.94% as on June 30, up seven basis points (0.07%) from the March quarter.
Domestic institutional investors (DIIs) bought shares worth ₹3,368 crore during the June 2023 quarter, compared to FPIs inflows of ₹1,02,617 crore.
While the benchmark Nifty rallied 10% in the June quarter, Nifty Midcap150 and Nifty Smallcap 250 indices surged 17% and 19%, respectively.
The gap between FPI and DII holdings also widened in the June quarter, with DII holding now being 15.19% lower than FPI holdings.The share of domestic mutual funds in NSE-listed companies declined to 8.64% as of June 30, after increasing for seven consecutive quarters, from 7.24% on June 30, 2021, to 8.74% on March 31, 2023. LIC’s share also decreased to 3.85% on June 30, 2023, from 3.99% on March 31, 2023.
The share of retail investors’ direct investments into the market remained the same at 7.49% on June 30, from the previous quarter, while the share of HNIs increased to 1.94% on June 30, 2023, from 1.88% on March 31.