Amid SENSEX slump and FII selling, these NIFTY500 companies saw promoters raise stakes

The Indian equity markets are going through a tough phase amid rising crude prices due to war between United States and Iran, falling rupee against the US dollar and record exodus of foreign flows from Indian equities. The BSE benchmark SENSEX has so far this year dropped a whopping 12% and the National Stock Exchange (NSE) benchmark NIFTY50 index has fallen 9.5%.

The broader market has also faced the heat of selling pressure as NIFTY 500 index has dropped 5.3%. Analysts say that fears of spiralling inflation amid spike in crude prices and a shortage of critical raw materials due to blockade of Strait of Hormuz, through which a fifth of crude is transported, has led to caution among investors.

Persistent selling by foreign investors and a falling rupee against the US dollar have also added to worries of investors, analysts added.

The foreign investors have been selling shares in the Indian markets since 2024. They have sold shares worth ₹2,20,552 crore so far this year surpassing the figure of ₹1,66,286 crore worth of shares they had sold in 2025.

Weakening rupee against the US dollar is also a major cause of worry for market participants as rupee has emerged as the worst performing currency in Asia as it weakened to a record low of 96.95 against the US dollar on Wednesday.

Amid all the chaos, promoters of three companies in the NIFTY 500 index have been consistently raising their holding their companies over the last four quarters.

Promoters raising stakes in their companies generally indicate their positive sentiment towards their business.

Promoters are aware of the company's plan, actual financials, growth rate, product demand, etc. When the promoter holding is high, it shows management is confident about the business and future potential, analysts noted.

Promoters owned 46.67% stake in the company at the end of March quarter of 2024-25.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.