
Trudence Capital
February 4, 2025 at 02:25 AM
*Insights Unwrapped_Were Promoters ahead of Investors in 2024?*
This delves into the insights from divesting stakes by both Indian promoters as well as foreign MNCs. Contrarian to popular belief, FIIs have been making way for aggressive buying by DIIs (~USD 85 Bn in the last 2 years); promoter’s dilution is approx. USD 48 Bn (adjusting for 2 heavy weights of Jio Financial and HDFC-HDFC Bank Merger), including some large MNCs' exits of USD 5-6 Bn and FII selling of ~USD 38 Bn in the secondary market.