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The situation is worse in the case of the Indian IT industry, with none of the 54 companies in the NSE-1000 index having a female CEO. Market leader TCS, which employs more than 200,000 women (constituting over a third of its workforce), has no women in its key managerial personnel (KMPs), as per its annual report. In fact, among the top 5 IT companies, only Wipro has a woman in a KMP role - it appointed Aparna Iyer as CFO in September last year.

HNIs have become the go-to source of capital for many small companies.

Insurance companies, led by LIC with a substantial 68 percent share (Rs 13.02 lakh crore) in equity investments, collectively sold a net of Rs 15,622 crore during the quarter

Deloitte India's recent decision to send 35 senior partners above the age of 55 has sparked debates about ageism in India. However, data indicates that below-40 executives often run the show at new-age companies and startups, with large and complex firms relying on battle-hardened corporate veterans who have negotiated multiple business cycles. In NSE-500 companies, a typical Indian CEO today is 57 years old, similar to data on C-suite occupancy for Fortune-500 firms.

While some selling may have been the result of FPIs paring stake to comply with the new regulations, analysts say the big falls over the past few sessions were triggered by stock-specific negative news and overvaluation