Promoters continuously selling stakes at high valuations, Nifty 500 ownership slips to historic low: Motilal Oswal

Mumbai (Maharashtra) [India], February 11 (ANI): Promoters of companies listed in the Indian stock markets are steadily reducing their stakes, as high valuations and strong investor appetite provided an opportunity to liquidate holdings at elevated levels, according to a report by Motilal Oswal Financial Services.

The report highlighted that promoter holding in the Nifty 500 declined to an all-time low of 48.8 pe