FII end-March holding of NSE-listed companies at a 6-year high of $300 bn

The total value of equity holding by foreign institutional investors (FII) in companies listed with the National Stock Exchange (NSE) rose 56 per cent to reach a six-year high of Rs19,32,000 crore (approximately $300.86 billion) during the quarter ended 31 March 2015, according to Prime Database.

FII holding in the fourth quarter of the 2014-15 fiscal, however, was lower in percentage terms at 6.44 per cent against 6.61 per cent in the quarter ended March 2014 and the 6.54 per cent during the previous quarter ended 31 December 2014.

FII investments in the free-floating equity stocks of NSE-listed companies, excluding promoter holdings, was also down at 13.9 per cent as of end-March 2015 against 14.3 per cent during the quarter ended March 2014.

The increase reflected greater optimism among foreign investors about the government under Prime Minister Narendra Modi offering more incentives to investors.

According to Prime Database, the total value of FII holding in Indian equities rose to Rs19,32,000 crore during the quarter ended 31 March 2-15, from Rs18,30,000 crore in the previous quarter (October-December 2014).

The number of FII holding stocks of NSE-listed companies stood at 465, during the quarter.

Prime Database's estimate is based on shareholding patterns filed by 1,448 of the total 1,474 companies listed on NSE at the end of the quarter ended March 2015.

Foreign investors pumped Rs36,000 crore ($5.6 billion) into Indian equities in the January-March 2015 quarter, making it the 10th consecutive quarter of positive FII inflows.

Amongst sectors, the maximum exposure was in banks at Rs3,44,000 crore followed by IT or software at Rs2,77,000 crore). It may also be noted that bank stocks were among the most hit in the current round of stock market churning.

In terms of companies, HDFC has the highest FIIs 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).

FII ownership in listed companies reaches 6-year high by value: PRIME Database

The total value of Foreign Institutional Investors (FII) holding in all National Stock Exchange (NSE)-listed companies rose 56 per cent to reach Rs 19.32 lakh crore-a six-year high as on quarter ending March 31 2015-according to Prime Database.

FII holding though, decreased in percentage terms to 6.44 per cent from 6.61 per cent in the quarter ending March 2014. The FII holding in percentage terms  is also lower as compared to 6.54 per cent in the previous quarter ending December 2014.

If we exclude the promoter holdings from NSE-listed companies and consider only the free-float holding, the FII holdings decreased from 14.3 per cent in quarter ending March 2014 to 13.9 per cent in March 2015.

In terms of the geographical spread the US leads the pack with 35 per cent of total FII holdings, followed by Mauritius (16 per cent), Singapore (15 per cent) and the UK (10 per cent).