83 lakh crore in just three months to almost Rs 10 lakh crore. 10 lakh crore at the end of March, according to data from PRIME Database.

56 lakh crore recorded in December 2025. 99%, its highest level since March 2022.

The data, however, is not entirely a fresh buying story. 31%.

This divergence indicates that stock price appreciation and exposure to higher value companies contributed significantly to the jump in portfolio value. comHDFC Bank is the biggest HNI holdingHDFC Bank emerged as the single largest HNI holding by market value at Rs 28,972 crore, putting it ahead of Reliance Industries, where their holding was valued at Rs 24,383 crore.

Titan Company ranked third with HNI holdings worth Rs 23,744 crore, followed by Infosys at Rs 17,251 crore and Kotak Mahindra Bank at Rs 15,512 crore. BSE, JSW Steel, Suzlon Energy, Bajaj Finance and Vodafone Idea completed the list of the 10 biggest HNI holdings.

68 lakh crore, or nearly 17% of the total value of HNI equity holdings. comInfosys becomes HNIs’ biggest purchaseInfosys was the biggest HNI purchase during the June quarter, even as the technology stock fell 20%.

44 crore shares. The fall in the stock price, however, meant that the market value of their Infosys holding still declined by Rs 1,262 crore to Rs 17,251 crore.

Godrej Consumer Products was their second-biggest purchase at Rs 1,611 crore, followed by Torrent Pharmaceuticals at Rs 1,370 crore and AU Small Finance Bank at Rs 1,298 crore. HNIs also bought an estimated Rs 977 crore of Suzlon Energy shares as the stock rallied 49%.

Their Suzlon holding consequently jumped in value by Rs 4,364 crore to Rs 11,109 crore. Other major purchases included HDFC Bank, Swiggy, Anand Rathi Wealth, ICICI Bank and Bajaj Auto.

The 10 biggest HNI purchases together were estimated at Rs 11,848 crore. Swiggy was another contrarian bet.

HNIs added an estimated Rs 825 crore even as its shares declined 8% during the quarter. Together, Infosys and Swiggy attracted Rs 3,684 crore of estimated HNI buying despite falling during the period..

SG Mart was the second biggest exit at Rs 1,284 crore, followed by Wipro and BSE, where HNIs sold an estimated Rs 568 crore and Rs 567 crore, respectively. Several reductions coincided with steep rallies.