New Delhi, May 4 -- In times of deep market volatility when stocks are tossed around like sailboats in a storm, the spotlight often turns to the behemoths: large-cap stocks, which are touted to be stable anchors in turbulent waters. Did investors find refuge in these stalwarts during the final quarter of 2024-25,when India's stock markets continued to slump?

Mint's shareholding analysis paints a picture of shifting allegiances during the January-March fourth quarter, with foreign portfolio investors (FPIs) shedding holdings, domestic mutual funds standing firm, and individual investors testing the waters.

In the March quarter, FPIs substantially reduced their exposure to India's blue-chip companies. Mint's analysis of 107 BSE LargeCap c...