Domestic Institutional Investors (DII), popularly known as market movers, are big financial organizations within India that invest in various things like stocks, bonds, mutual funds,
When these market movers buy or sell a lot of a company’s stock, it changes a lot in the company, like ownership and people’s perceptions of that company. When DIIs buy a lot of these stocks, it shows trust in the company by the investors, which can make other investors feel optimistic about the company too. But when they dump or sell all these shares, it can have the opposite effect, and investors may worry if their money is in the right place or not, which can lower the price of a company.
Here’s a list of The Top 10 Market Movers in India.
- President of India
Many of you may be surprised by this fact, but yes, the President of India also owns some parts of big corporations—78, to be specific—and has a portfolio worth Rs. 38,42,672 crores. The top holdings of the president are LIC, SBI, IRFC, ONGC Ltd., and Coal India.
- SBI Group
After the first citizen of India comes the largest bank of India, which owns stakes in 166 companies and has a portfolio worth Rs. 5,25,093 crore. The top holdings of the SBI group are SBI Life Insurance, ICICI Bank, Reliance Industries, SBI Card and Payment Services, and Infosys.
- HDFC Group
HDFC Group holds stakes in almost 254 companies and has a Portfolio worth Rs. 4,05,637 crore. The top holdings of the HDFC Group are HDFC Life Insurance, HDFC AMC, HDFC Bank, ICICI Bank, and Infosys.
- ICICI Group
ICICI Group holds stakes in 241 companies, with their Portfolio worth Rs. 3,88,635 crores. The top holdings of the ICICI Group are ICIC Lombard General Insurance, ICICI Prudential Life Insurance, ICICI Bank, Infosys, and ICICI Securities.
- Kotak Mahindra Group
Kotak Mahindra Group holds stakes in 172 companies, with their Portfolio worth Rs. 2,57,512 crores. The top holdings of Kotak Mahindra Group are Kotak Mahindra Bank, Mahindra and Mahindra, ICICI Bank, Axis Bank, and Larsen and Toubro.
- Reliance Group
Reliance Group holds stakes in 28 companies, with their Portfolio worth Rs. 2,40,024 crore. The top holdings of Reliance Group are Reliance Industries, Jio Financial Services, Alok Industries, and Justdial.
- Axis Group
Axis Group holds stakes in 101 companies, with their Portfolio worth Rs. 99,962 crore. The top holdings of Axis Group are Bajaj Finance, Avenue Supermart, Cholamandalam Investment & Finance Company, Torrent Power, and Tata Motors.
- Sundaram Group
Sundaram Group holds stakes in 52 companies, with their Portfolio worth Rs. 67,450 crore. The top holdings of Sundaram Group are TVS Motor Company, Bharat Forge, TVS Holdings, Kalyani Investment Company, and Sundaram Finance Holdings.
- Euro-Pacific Growth Fund
The Euro-Pacific Growth Fund holds stakes in six companies, with their Portfolio worth Rs. 58,480 crore. The top holdings of the Euro-Pacific Growth Fund are Reliance Industries, Bharti Airtel, Kotak Mahindra Bank, Maruti Suzuki, and Jio Financial Services.
- Birla Group
Birla Group holds stakes in 124 companies, with their Portfolio worth Rs. 56,941 crore. The top holdings of Birla are ICICI Bank, Infosys, Axis Bank, United Spirits, and Coforge.
