FPI ownership in NSE-listed firms shrinks to 15.5-year low after record $18.9 billion outflow
Within key indices, the share of FPIs in the Nifty 50 fell by 25 basis points (bps) quarter-on-quarter (qoq) to a more than 13-year low of 23.8%, while remaining broadly stable at 18.1% in the Nifty 500. One bps is one hundredth of a percentage point. On the other hand, the share of domestic mutual…