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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.
30 Apr 2020, 07:58 AM IST
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 — ...
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