Foreign Institutional Investors (FII) share by value in companies listed on NSE went up to 20.18% as on December 2022 from 19.98% as on September 2022, according to data sourced from Prime Database. In value terms, FII holding stood at Rs 55.70 lakh crore, an increase of 4.98% over the last quarter. In the December quarter, FII holding went down in 692 companies listed on NSE. Here are the companies that saw highest selling by FIIs in value terms:
How a $900 million bet on SpaceX turned 100x into $94 billion for Alphabet
Alphabet’s initial $900 million SpaceX investment is now worth approximately $94 billion. This significant return makes Alphabet the largest institutional shareholder in the rocket company.