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FII stakes rise in MCX and two other near-monopoly Indian stocks
MCX foreign ownership increased to 29.85% in the June 2026 quarter from 26.07% in March, even as FIIs sold net ₹49,028 crore across Indian equities.
LiveMint Markets reports that, despite a heavy June quarter pullback by foreign institutional investors, three monopoly and near-monopoly stocks in India saw their foreign ownership rise. The outlet notes that FIIs sold net ₹49,028 crore in the June quarter, helping push total FII holdings in Indian equities to a 14-year low of 15.88%.
One of the standout gainers was Multi Commodity Exchange of India, where foreign institutional holdings climbed to 29.85% in June 2026 from 26.07% in the March quarter. The article attributes the change to the company’s performance, saying operating revenue in FY26 rose 107% year over year to ₹23.02 billion.
The piece also highlights MCX’s business and product expansion, including the June 2026 launch of Silver 100 futures contracts. It says the contracts allow retail investors and small jewelers to access silver exposure in quantities as low as 100 grams.
The article provides additional company context for Bharat Heavy Electricals Limited, describing it as India’s largest engineering and manufacturing enterprise in energy and infrastructure and citing its share of installed thermal, nuclear, and hydropower capacity, as part of the broader list of near-monopoly stocks. The source text is cut off mid-sentence after those capacity figures.
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