Stocks With The Biggest Cut In Foreign Ownership During Pandemic

30 Nifty 50 firms have so far disclosed their foreign shareholding for March quarter. Of these, 27 firms saw a cut.

Yash Upadhyaya &@iYashUpadhyaya
Nickey Mirchandani @onlynickey

30 Apr 2020, 07:58 AM IST

An employee uses scissors to style the neck line of a woolen jumper at the JM Smedley factory in Matlock, U.K.. (Photographer: Chris Ratcliffe/Bloomberg)

Overseas investors pared shareholding in Indian companies in their worst selloff in the domestic equity market on fears that the new coronavirus pandemic will cause a recession.Of the 30 Nifty 50 constituents that have disclosed foreign shareholding as of March-end, 27 reported a decline in overseas ownership since December, according to data compiled by BloombergQuint.Eicher Motors Ltd. — the maker of the Royal Enfield motorcycle — ...

Stocks With The Biggest Cut In Foreign Ownership During Pandemic

30 Nifty 50 firms have so far disclosed their foreign shareholding for March quarter. Of these, 27 firms saw a cut.

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