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Promoter ownership climbs to two-year high despite persistent FII selling

Mumbai: Indian promoters demonstrated enhanced commitment to the businesses they run as net stock buyers in the June quarter, driving ownership in NSE-listed companies to a two-year high, even as the collective holdings of foreign institutional investors (FII) slipped to the lowest in 14 years amid soaring oil prices.Promoters bought shares worth ₹36,336 crore during the quarter, the most in four years since June 2022, showed data from primeinfobase.com.Read more: FPI inflows into Indian G-Secs…

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Economic TimesLean R·2h ago
Promoter ownership climbs to two-year high despite persistent FII selling
Mumbai: Indian promoters demonstrated enhanced commitment to the businesses they run as net stock buyers in the June quarter, driving ownership in NSE-listed companies to a two-year high, even as the collective holdings of foreign institutional investors (FII) slipped to the lowest in 14 years amid soaring oil prices.Promoters bought shares worth ₹36,336 crore during the quarter, the most in four years since June 2022, showed data from primeinfobase.com.Read more: FPI inflows into Indian G-Secs…
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Promoter ownership climbs to two-year high despite persistent FII selling

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Promoter ownership climbs to two-year high despite persistent FII selling

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