Note the drop in DII holdings in September 2022, and the commensurate increase in public holding.
Two DIIs were classified as public in that quarter: Kitara and Somerset (Krsnaa’s PE backers).
Here’s your table modified:
Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
Promoters + | 27.38 | 27.38 | 27.38 | 27.38 | 27.79 | 27.79 | 27.79 |
FIIs + | 6.00 | 4.44 | 4.49 | 4.27 | 4.06 | 4.14 | 3.39 |
DIIs + | 30.16 | 30.14 | 28.64 | 27.36 | 26.82 | 25.8 | 24.88 |
Public + | 36.45 | 38.04 | 39.49 | 40.98 | 41.32 | 42.26 | 43.94 |
DII holdings have fallen by ~5% and FII holdings have fallen by ~3%, and this has gone into public holdings. So your observation is true, but not to the same magnitude.
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