Promoter ownership in India’s top 500 companies has declined to a record low of 49.5% in the March quarter, driven by high valuations and strong investor demand prompting stake sales. Non-banking finance, telecom, and public sector banks experienced the most significant drops in promoter holdings.
Rupee at risk? BOP pressure, oil shock and capital flows hold the key, says Rahul Bajoria
The Indian rupee faces potential weakening to 94 against the US dollar by mid-2026 due to rising oil prices and a widening current account deficit.