There has been a 56 per cent year-on-year jump in the value of NSE-listed stocks owned by FIIs at ₹19.32 lakh crore as at March-end this year.
FIIs now own 6.44 per cent of the 1,094 companies listed on the NSE, according to data by Prime Database.
The analysis is based on the shareholding patterns filed by 1,448 of the total 1,474 companies listed on the NSE for the quarter ending March this year. The report noted that 465 FIIs are invested in Indian equities across all NSE-listed companies.
Pranav Haldea, MD, Prime Database, said FII ownership of NSE-listed stocks rose to ₹19.32 lakh crore as on March 31, 2015 from ₹12.34 lakh crore as on March 31, 2014. However, FII ownership went down to 6.44 per cent in the quarter ending March this year from 6.61 per cent one year back in percentage terms.
Since June 2009, FII ownership in percentage terms has increased only marginally to 6.44 per cent from 6.30 per cent.
The favourite sectors for foreign institutions were banking and IT and software, which saw investments valued at ₹3.44 lakh crore and ₹2.77 lakh crore, respectively. The maximum increase in sectoral exposure was in banking (to ₹3.44 lakh crore from ₹1.33 lakh crore) while ‘bearings’ as a sector saw the maximum decrease.
Repco Home Finance, Sintex Industries, Inox Leisure, Cox & Kings, J Kumar Infra Projects, Credit Analysis and Research, Ceat, Marksans Pharma, City Union Bank and Tree House Education and Accessories were the top 10 companies that saw the highest increase in FII holdings in the last one year.
On the other hand, Supreme Industries, Pennar Industries, VKS Projects, Rei Agro, Gammon India, Hathway Cable, United Spirits, Strides Arcolab, South Indian Bank and Shriram Transport Finance witnessed sharp slide in FII interest.
In terms of companies, HDFC has the highest FII holding of 79.65 per cent, followed by Tata Motors DVR (56.18 per cent), Zee Entertainment Enterprises (49.98 per cent), HDIL (49.03 per cent) and IDFC (47.38 per cent).