Insurance and NPS equity buying falls 45% in September quarter
In short
Insurance companies and NPS funds put much less money into Indian stocks in the September quarter. Their combined equity investments fell 45% to ₹22,714 crore from ₹41,465 crore before.
The report says higher bond yields and lower stock prices pushed them toward debt. That means less support for equities, while mutual funds are still buying heavily.
What the reporting says
Insurance companies and NPS funds cut their combined Indian equity investments by 45% in the September quarter to ₹22,714 crore, down from ₹41,465 crore previously, according to the market summaries. The report says higher bond yields and falling stock prices pushed them toward debt instruments. The immediate consequence is weaker institutional demand for equities, while mutual funds reportedly kept buying heavily.
Why it matters
Insurance companies and NPS funds reduced combined Indian equity investments by 45% in the September quarter to ₹22,714 crore, down from ₹41,465 crore, according to the summaries. The report links the shift to higher bond yields and falling stock prices, which appear to have made debt instruments more attractive. This is a negative sign for equity demand, though mutual funds are said to still be investing heavily.