Link here.
From the article.
Lots of other interesting data in the article.
From the article.
It shows how a few investors are contributing to a large percentage of the trading volumes in the countrys top exchanges. Is it surprising then that despite tepid corporate results for the first quarter, poor industrial data, inflation and rising interest rates, the markets are volatile, reaching 30-month highs and inching towards the 19,000 mark?
Consider India Incs Q1 results. The top 100 companies listed on the bse posted a 22 per cent rise in revenues in the last quarter. However, operating profits only grew by one per cent.
The skew is accentuated by the markets dependence on FIIsin the past quarter, domestic institutions have largely been net sellers with FIIs being net buyers.