MTF Insights

MTF Insights — every month since Jan 2021

What happened to India’s Margin Trading Facility book each month: the change, the stocks and sectors behind it, where borrowing moved against the price, and how the month compares with the ones before it. One page per month, built from the daily NSE and BSE archive. The record month-end so far is ₹1,52,507 crore in August 2026.

September 2026 is in progress — its page publishes once the month closes. Until then the Trends page has it to date.

Latest month-end
₹1,52,507 Cr
August 2026 · +6.9%
Months reviewed
67
since 01 Jan 2021
Largest monthly rise
+₹13,835 Cr
October 2025 · +13.9%
Largest monthly fall
−₹9,644 Cr
March 2026 · −8.1%
February 2021: ₹11,296 Cr (+14.9%)March 2021: ₹12,397 Cr (+9.7%)April 2021: ₹13,111 Cr (+5.8%)May 2021: ₹14,867 Cr (+13.4%)June 2021: ₹16,904 Cr (+13.7%)July 2021: ₹18,447 Cr (+9.1%)August 2021: ₹18,276 Cr (−0.9%)September 2021: ₹20,601 Cr (+12.7%)October 2021: ₹23,059 Cr (+11.9%)November 2021: ₹26,060 Cr (+13.0%)December 2021: ₹24,282 Cr (−6.8%)January 2022: ₹26,595 Cr (+9.5%)2022February 2022: ₹25,193 Cr (−5.3%)March 2022: ₹24,537 Cr (−2.6%)April 2022: ₹28,169 Cr (+14.8%)May 2022: ₹24,712 Cr (−12.3%)June 2022: ₹23,176 Cr (−6.2%)July 2022: ₹22,546 Cr (−2.7%)August 2022: ₹24,280 Cr (+7.7%)September 2022: ₹27,008 Cr (+11.2%)October 2022: ₹26,247 Cr (−2.8%)November 2022: ₹27,367 Cr (+4.3%)December 2022: ₹28,900 Cr (+5.6%)January 2023: ₹28,958 Cr (+0.2%)2023February 2023: ₹27,196 Cr (−6.1%)March 2023: ₹25,747 Cr (−5.3%)April 2023: ₹25,789 Cr (+0.2%)May 2023: ₹27,225 Cr (+5.6%)June 2023: ₹29,860 Cr (+9.7%)July 2023: ₹33,774 Cr (+13.1%)August 2023: ₹39,461 Cr (+16.8%)September 2023: ₹43,134 Cr (+9.3%)October 2023: ₹45,094 Cr (+4.5%)November 2023: ₹46,338 Cr (+2.8%)December 2023: ₹51,019 Cr (+10.1%)January 2024: ₹57,017 Cr (+11.8%)2024February 2024: ₹61,503 Cr (+7.9%)March 2024: ₹57,108 Cr (−7.1%)April 2024: ₹67,159 Cr (+17.6%)May 2024: ₹69,570 Cr (+3.6%)June 2024: ₹73,596 Cr (+5.8%)July 2024: ₹76,859 Cr (+4.4%)August 2024: ₹85,113 Cr (+10.7%)September 2024: ₹85,395 Cr (+0.3%)October 2024: ₹80,577 Cr (−5.6%)November 2024: ₹80,065 Cr (−0.6%)December 2024: ₹86,506 Cr (+8.0%)January 2025: ₹81,319 Cr (−6.0%)2025February 2025: ₹74,586 Cr (−8.3%)March 2025: ₹71,064 Cr (−4.7%)April 2025: ₹72,082 Cr (+1.4%)May 2025: ₹82,183 Cr (+14.0%)June 2025: ₹87,905 Cr (+7.0%)July 2025: ₹95,739 Cr (+8.9%)August 2025: ₹98,185 Cr (+2.6%)September 2025: ₹99,446 Cr (+1.3%)October 2025: ₹1,13,281 Cr (+13.9%)November 2025: ₹1,15,980 Cr (+2.4%)December 2025: ₹1,17,480 Cr (+1.3%)January 2026: ₹1,21,539 Cr (+3.5%)2026February 2026: ₹1,19,430 Cr (−1.7%)March 2026: ₹1,09,786 Cr (−8.1%)April 2026: ₹1,20,334 Cr (+9.6%)May 2026: ₹1,31,317 Cr (+9.1%)June 2026: ₹1,40,751 Cr (+7.2%)July 2026: ₹1,42,671 Cr (+1.4%)August 2026: ₹1,52,507 Cr (+6.9%)

Each bar is one month-end; green months rose, red months fell. Tap a bar to open that month.

2026

+29.8% across the months shown, from ₹1,17,480 Cr to ₹1,52,507 Cr. Best month April (+9.6%), weakest March (−8.1%).

August₹1,52,507 Cr+6.9%Most added: HDFC BankJuly₹1,42,671 Cr+1.4%Most added: BSEJune₹1,40,751 Cr+7.2%Most added: InfosysMay₹1,31,317 Cr+9.1%Most added: State Bank of IndiaApril₹1,20,334 Cr+9.6%Most added: InfosysMarch₹1,09,786 Cr−8.1%Largest unwind: Hindustan AeronauticsFebruary₹1,19,430 Cr−1.7%Largest unwind: Nippon India ETF Silver BeESJanuary₹1,21,539 Cr+3.5%Most added: Nippon India ETF Silver BeES

2025

+35.8% across the months shown, from ₹86,506 Cr to ₹1,17,480 Cr. Best month May (+14.0%), weakest February (−8.3%).

December₹1,17,480 Cr+1.3%Most added: VedantaNovember₹1,15,980 Cr+2.4%Most added: Kaynes Technology IndiaOctober₹1,13,281 Cr+13.9%Most added: Anant RajSeptember₹99,446 Cr+1.3%Most added: TrentAugust₹98,185 Cr+2.6%Most added: Hindustan AeronauticsJuly₹95,739 Cr+8.9%Most added: Tata Consultancy ServicesJune₹87,905 Cr+7.0%Most added: Hindustan AeronauticsMay₹82,183 Cr+14.0%Most added: Dixon Technologies (India)April₹72,082 Cr+1.4%Most added: Bajaj FinanceMarch₹71,064 Cr−4.7%Largest unwind: Reliance IndustriesFebruary₹74,586 Cr−8.3%Largest unwind: Reliance IndustriesJanuary₹81,319 Cr−6.0%Largest unwind: Reliance Industries

2024

+69.6% across the months shown, from ₹51,019 Cr to ₹86,506 Cr. Best month April (+17.6%), weakest March (−7.1%).

December₹86,506 Cr+8.0%Most added: Reliance IndustriesNovember₹80,065 Cr−0.6%Largest unwind: Bharat ElectronicsOctober₹80,577 Cr−5.6%Largest unwind: State Bank of IndiaSeptember₹85,395 Cr+0.3%Most added: Tata MotorsAugust₹85,113 Cr+10.7%Most added: Reliance IndustriesJuly₹76,859 Cr+4.4%Most added: Hindustan AeronauticsJune₹73,596 Cr+5.8%Most added: Bharat ElectronicsMay₹69,570 Cr+3.6%Most added: Tata MotorsApril₹67,159 Cr+17.6%Most added: Vodafone IdeaMarch₹57,108 Cr−7.1%Largest unwind: HDFC BankFebruary₹61,503 Cr+7.9%Most added: HDFC BankJanuary₹57,017 Cr+11.8%Most added: HDFC Bank

2023

+76.5% across the months shown, from ₹28,900 Cr to ₹51,019 Cr. Best month August (+16.8%), weakest February (−6.1%).

December₹51,019 Cr+10.1%Most added: Indiabulls Hsg FinNovember₹46,338 Cr+2.8%Most added: Bajaj FinanceOctober₹45,094 Cr+4.5%Most added: Reliance IndustriesSeptember₹43,134 Cr+9.3%Most added: Reliance IndustriesAugust₹39,461 Cr+16.8%Most added: Reliance IndustriesJuly₹33,774 Cr+13.1%Most added: HDFC BankJune₹29,860 Cr+9.7%Most added: Kotak Mahindra BankMay₹27,225 Cr+5.6%Most added: Larsen & ToubroApril₹25,789 Cr+0.2%Most added: InfosysMarch₹25,747 Cr−5.3%Largest unwind: State Bank of IndiaFebruary₹27,196 Cr−6.1%Largest unwind: Bajaj FinanceJanuary₹28,958 Cr+0.2%Most added: Reliance Industries

2022

+19.0% across the months shown, from ₹24,282 Cr to ₹28,900 Cr. Best month April (+14.8%), weakest May (−12.3%).

December₹28,900 Cr+5.6%Most added: Reliance IndustriesNovember₹27,367 Cr+4.3%Most added: Bajaj FinanceOctober₹26,247 Cr−2.8%Largest unwind: InfosysSeptember₹27,008 Cr+11.2%Most added: Reliance IndustriesAugust₹24,280 Cr+7.7%Most added: InfosysJuly₹22,546 Cr−2.7%Largest unwind: Bajaj FinanceJune₹23,176 Cr−6.2%Largest unwind: VedantaMay₹24,712 Cr−12.3%Largest unwind: HDFC BankApril₹28,169 Cr+14.8%Most added: HDFC BankMarch₹24,537 Cr−2.6%Largest unwind: Escorts KubotaFebruary₹25,193 Cr−5.3%Largest unwind: Tata SteelJanuary₹26,595 Cr+9.5%Most added: Wipro

2021

+147.0% across the months shown, from ₹9,830 Cr to ₹24,282 Cr. Best month February (+14.9%), weakest December (−6.8%).

December₹24,282 Cr−6.8%Largest unwind: Tata Consultancy ServicesNovember₹26,060 Cr+13.0%Most added: Tata SteelOctober₹23,059 Cr+11.9%Most added: Tata Consultancy ServicesSeptember₹20,601 Cr+12.7%Most added: Tata SteelAugust₹18,276 Cr−0.9%Largest unwind: Reliance IndustriesJuly₹18,447 Cr+9.1%Most added: Tata MotorsJune₹16,904 Cr+13.7%Most added: Reliance IndustriesMay₹14,867 Cr+13.4%Most added: Steel Authority of IndiaApril₹13,111 Cr+5.8%Most added: Aurobindo PharmaMarch₹12,397 Cr+9.7%Most added: State Bank of IndiaFebruary₹11,296 Cr+14.9%Most added: ITC
Disclaimer. Data sourced from daily margin trading disclosure provided by NSE and BSE. This website and page are meant for educational and information only — not investment advice. MTF is leveraged and can amplify losses. Rules, margins, rates and eligible-stock lists change; verify current details with your broker and SEBI/exchange circulars. IndiaMTF.com is not a SEBI-registered intermediary, broker, or investment adviser and has no affiliation with SEBI, NSE or BSE. Figures are reproduced from publicly disclosed exchange data, may be delayed or revised, and should be independently verified before any trading decision. Consult a SEBI-registered investment adviser before investing.