In India half of the market cap is tradeable (the free float)
Overtime promoters are selling to domestic (greater rate of change and foreign institutions)
The Japanese of late are buying into narrow pipes. The tipping point will be when the last buyer is sated and sellers remain willing
these number from 2015
narrow pipes
Overtime promoters are selling to domestic (greater rate of change and foreign institutions)
The Japanese of late are buying into narrow pipes. The tipping point will be when the last buyer is sated and sellers remain willing
these number from 2015
narrow pipes
As per the latest available shareholding pattern (as of March 31, 2015), the combined market value of the stakeholders (also called market capitalisation) of all the listed companies on the BSE crossed R100 trillion. We checked the shareholding pattern to find out who owns how much of the total value of the companies listed on the BSE. In the following report, we have also shown how the BSE 500 companies have witnessed change in ownership in the last ten years.
The biggest chunk of the value is still held by the promoter group, which is 51 per cent of the total market value. This means that only 49 per cent of the equity is marketable and it amounts to R49 trillion. If we look at the marketable portion of the equity, which is also known as free float, then the biggest holders are the foreign institutional investors (FIIs). FIIs dominate the market by holding 40 per cent of the free float, thus impacting the market movement with their flows of funds. Retail investors own one-third of the free float, which is far less than retail holding in developed economies and many developing economies as well.
Domestic institutional investors (DIIs), which mainly comprise insurance companies, banks and mutual funds, own about 20 per cent of the free float. The category labelled as 'Others' includes depositories receipts like ADRs and GDRs, and shares held by custodians.
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