Foreign institutional investors have markedly scaled back their holdings in various Indian firms. Notably, Piramal Pharma faced the steepest decline, with FII ownership plummeting by 17.7 percentage points. RBL Bank also saw a significant drop of 11.4 percentage points. Other companies such as Indraprastha Gas and Rail Vikas Nigam experienced similar FII divestments, indicating a trend of foreign capital withdrawal.
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