Mumbai, Aug. 11 -- Foreign investors have continued to reduce their stakes in major Indian companies, while domestic investors are steadily increasing their presence.

According to a report by Motilal Oswal Financial Services, out of the 50 companies in the Nifty 50 index, Foreign Institutional Investors (FIIs) reduced their stakes in almost 40 companies in June, whereas Domestic Institutional Investors (DIIs) increased their holdings in 44 companies.

It stated "DIIs raised their stakes in 44 Nifty-50 companies, while FIIs reduced their stakes in 40 Nifty-50 companies".

The report also mentioned that if we see on a quarter-on-quarter (QoQ) basis in the first quarter of current financial year, DIIs increased their holdings in 34 Nifty-50...