Promoters increased their stake by 2.54% YoY and QoQ, indicating confidence; however, significant declines in Institutional and Public holdings (-5.58% YoY, -1.26% QoQ for Institutions and -5.13% YoY, -3.46% QoQ for Public) suggest a lack of broader market support.

The sector averages show no change in Promoter and Institution holdings, contrasting with Reliance Infrastructure's mixed results, highlighting a potential disconnect in investor sentiment and market perception.

Best-performing stock in the sector (RELTD) saw a 3.02% increase in Institutional holdings, while Reliance Infrastructure's decline in institutional support could point to caution among smart money investors.