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Domestic investors are tightening their grip on the ownership of listed companies. The gap between the shareholding of domestic institutional investors (DIIs) and foreign portfolio investors (FPIs) narrowed to 13.11 percentage points at the end of the September 2023 quarter. At the peak, the gap was nearly 50 percentage points in March 2015, according to an analysis by Prime Database, a leading provider of data on the capital market.

During the month, mutual funds divested nearly Rs 2,700 crore from public sector firms, including State Bank of India ONGC Ltd and SAIL

Of the top 10 stocks that saw the highest increase in retail shareholders in the last one quarter, seven of them are part of the midcap and smallcap segments, and four of them belong to the public sector space, data by Prime Database showed.

The central bank increased the risk weight on consumer loans of commercial banks and NBFCs by 25 percentage points.

In 10 stocks alone, retail investors bet more than Rs 62,100 crore in the quarter ended September, data shared by Prime Database showed. Retail investors invested nearly 75% of this money alone in HDFC Bank.