Since September 2024, foreign institutional investors (FIIs) have systematically dismantled their stakes in 43 out of 50 Nifty stocks, flattening the benchmark’s two-year return to zero and exposing a stark reality that when global capital flees, even India’s ultimate bluechips bleed.The shareholding pattern reveals that the damage is concentrated at the very top.
High-flying consumer discretionary favorites, tech giants, and heavy-weight private lenders have all been hit by the institutional retreat, with a select group of 13 major companies bearing the brunt of the selling between September 2024 and March 2026.Trent leads the carnage as FII holding has collapsed from 26.62% to 15.59%.
The stock has fallen 51% from its all-time high.
Eternal, formerly Zomato, saw foreign ownership nearly halve in proportional terms down from 52.53% to 32.61%, a nearly 20-percentage-point exit.
It trades 33% below its peak.
