What amount of BSE 500 is promoter pledged?

Pledging of equity shares is one of the manners in which promoters use for availing credits.
Even though there’s nothing amiss with this training yet high promoter pledge per cent can cause genuine selling pressures on the organization stock if the promoters can’t reimburse the credit. Along these lines, the moneylenders need to subsequently turn to offer the promised shares to get the contribution.
Thus, we dissected what amount of BSE 500 universe is promised, or has the promoter vowing expanded or diminished as a pattern? Here are the consequences of our investigation:
The absolute market capitalization of BSE 500 is around Rs 1,50,81,223 crore. Out of this, almost 50% is possessed by the promoter substances of the organizations. Of the absolute Rs, 76,44,712 crore claimed by the advertisers, they have in total, a promise on just Rs 1,77,468 crore. This is about 2.32% of the complete advertiser property. On an entirety premise, this pledged subset is roughly 1.18% of the absolute market capitalization of BSE 500 stocks. Out of the all-out stocks in BSE 500, just nine organizations saw an expansion in promoter swearing per cent in June quarter when contrasted with March quarter. Contrasted with that, 55 organizations observed a decrease in promoter vowing per cent QoQ.
Hence, we can securely say that promoters overall have not depended on pledging their shares for assets in this lull.