A decrease in insurance shareholding indicates that insurance companies have reduced their stakes in a specific company during the current quarter compared to the previous one. In the NSE large-cap segment, we identified the top 10 stocks that witnessed a decline in insurance shareholding from the December 2025 quarter to the March 2026 quarter, based on the StocksEdge shareholding scan.

This decline often suggests waning confidence among insurers in the company’s performance or outlook, potentially signaling negative market sentiment. It may also reflect a strategic shift in investment priorities, as insurers seek to reallocate funds to more promising opportunities.

ICICI Bank

Insurance shareholding declined to 8.12% in the March ’26 quarter from 10.15% in December ’25.

Grasim Industries

Insurance shareholding declined to 6.84% in the March ’26 quarter from 7.56% in December ’25.

Union Bank of India

Insurance shareholding declined to 7.02% in the March ’26 quarter from 7.68% in December ’25.

Coal India

Insurance shareholding declined to 12.38% in the March ’26 quarter from 12.94% in December ’25.

Bank of Baroda

Insurance shareholding declined to 6.20% in the March ’26 quarter from 6.74% in December ’25.

State Bank of India

Insurance shareholding declined to 10.42% in the March ’26 quarter from 10.91% in December ’25.

Titan Company

Insurance shareholding declined to 4.76% in the March ’26 quarter from 5.16% in December ’25.

HDFC Asset Management Company

Insurance shareholding declined to 2.88% in the March ’26 quarter from 3.19% in December ’25.

Siemens Energy India

Insurance shareholding declined to 1.58% in the March ’26 quarter from 1.87% in December ’25.

Tata Motors

Insurance shareholding declined to 6.21% in the March ’26 quarter from 6.50% in December ’25.