Promoters up holding in NSE companies, push institutional stake to 3-year low
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Promoters have consistently increased stake in their firms from the open market in the past four quarters, underscoring optimism on the economic recovery. As a result, institutional ownership, including those by foreign and domestic funds, in NSE listed companies has declined to a 3-year low of 34.59% at the end of September, showed data compiled by primeinfobase.com.
via Economictimes
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