MTF Insights — January 2019

India's combined NSE + BSE MTF book rose ₹298 crore (7.0%) in January 2019 to ₹4,552 crore on 31 Jan 2019 — the 7th-largest monthly rise since tracking began, and 11.7% lower than a year earlier. The book grew on 13 of 22 sessions. Larsen & Toubro added the most, ₹56 crore.

IndiaMTF · 31 Dec 2018 to 31 Jan 2019 · Tracking MTF data and analytics since 17 Jul 2017

Stocks

Largest changes in funded value over the month, among stocks present in both month-end files. The share column is the change in shares under margin, adjusted for splits and bonuses — it shows whether more stock was genuinely borrowed against, rather than a price move.

Biggest additions	Book (₹ Cr)	Change	Shares
LTLarsen & Toubro	₹76	+₹56	+280.5%
M&MMahindra & Mahindra	₹66	+₹36	+153.0%
EICHERMOTEicher Motors	₹49	+₹32	+218.1%
MARUTIMaruti Suzuki India	₹123	+₹30	+40.3%
IBIBULHSGFINIndiabulls Hsg Fin	₹51	+₹29	+170.5%

Biggest unwinds	Book (₹ Cr)	Change	Shares
AXISBANKAxis Bank	₹8	−₹51	−85.3%
INFYInfosys	₹22	−₹44	−68.9%
RELIANCEReliance Industries	₹51	−₹35	−42.0%
TCSTata Consultancy Services	₹27	−₹33	−52.6%
SUNPHARMASun Pharmaceutical Industries	₹67	−₹19	−19.4%

New to the top 1,000 (33)

Sis₹2Bajaj Consumer Care₹1Pitti Engineering₹1Sadbhav Infrastructure Project₹1Dhanlaxmi Bank₹1Maharashtra Scooters₹0SISical Logistics₹0Kilitch Drugs (India)₹0MAS Financial Services₹0Shalimar Paints₹0Vimta Labs₹0Crest Ventures₹0+21 more

Left the top 1,000 (33)

DADalmia Bharat₹2BRBombay Rayon Fashions₹1Fiberweb (India)₹1Huhtamaki India₹0Kitex Garments₹0EXExcel Crop Care₹0PPAP Automotive₹0Thermax₹0Websol Energy System₹0Goodyear India₹0eClerx Services₹0Fertilizers and Chemicals Travancore₹0+21 more

Day by day

Change in the combined book on each trading day. The largest single-day addition was +₹186 Cr on 02 Jan 2019; the largest fall was −₹76 Cr on 29 Jan 2019.

Sectors

Consumer Durables supplied 36% of the month's increase on its own. 5 sectors shrank while the book grew 7.0%, led by Technology Services.

NSE, BSE and concentration

NSE’s book moved +7.2% to ₹3,895 Cr and BSE’s +5.6% to ₹657 Cr, so BSE held 14.4% of the combined book. The ten largest positions held 18.4% of the whole book at month-end, 0.3 points less than a month earlier.

January in context

Month-end is the last trading day in the archive for the month; changes compare 31 Dec 2018 with 31 Jan 2019. Sector figures sum each day’s largest positions on a fixed basis. See the methodology for every definition.