At the end of September, domestic institutional investors held a 10.8% stake in the BSE 500 index, up from 9.6% a year ago, indicating that household savings shifted from gold and real estate to financial assets
Free Stock Market Tips on Mobile | HNI Commodity Pack- http://www.ripplesadvisory.com << Register NOW!
The holdings of domestic mutual funds and insurance companies in India’s largest listed companies rose to their highest level in at least 25 quarters as household savings shifted from gold and real estate to financial assets.
At the end of September, domestic institutions held a 10.8% stake in the BSE 500 index, which accounts for at least 90% of India’s market capitalization. Only 424 of these 500 firms, whose data goes back to 25 quarters, were considered for this analysis. That was an increase from 10.52% at the end of June and 9.6% a year ago.

No comments:
Post a Comment