MTF Insights — January 2020

India's combined NSE + BSE MTF book rose ₹1,110 crore (19.0%) in January 2020 to ₹6,961 crore on 31 Jan 2020 — the 2nd-largest monthly rise since tracking began, and 52.9% higher than a year earlier. It set a record ₹6,972 crore on 30 Jan 2020 before easing. The book grew on 17 of 23 sessions. Reliance Industries added the most, ₹169 crore.

IndiaMTF · 31 Dec 2019 to 31 Jan 2020 · Tracking MTF data and analytics since 27 Sep 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
RELIANCEReliance Industries	₹344	+₹169	+98.3%
SBINState Bank of India	₹255	+₹143	+131.9%
INDUSINDBKIndusInd Bank	₹178	+₹140	+415.2%
TCSTata Consultancy Services	₹121	+₹64	+116.1%
HDHDFCHDFC Limited	₹81	+₹52	+187.0%

Biggest unwinds	Book (₹ Cr)	Change	Shares
LTLarsen & Toubro	₹218	−₹38	−16.3%
INFYInfosys	₹46	−₹31	−39.5%
M&MMahindra & Mahindra	₹37	−₹31	−47.4%
YESBANKYes Bank	₹200	−₹27	+8.9%
HINDUNILVRHindustan Unilever	₹29	−₹26	−43.3%

New to the top 1,000 (32)

CSB Bank₹2ANAndhra Paper₹0DODolat Investments₹0GTPL Hathway₹0BANipponindia ETF Bank BeES₹0Shalimar Paints₹0UNO Minda₹0CACareer Point₹0Control Print₹0IIIIFL Wealth Mgmt₹0IVP₹0MIMirc Electronics₹0+20 more

Left the top 1,000 (32)

Punjab Chemicals & Crop Protection₹2SPSintex Plastics Tech₹1Kilitch Drugs (India)₹1SES.e. Investments₹0Newgen Software Technologies₹0Vimta Labs₹0BirlaNu₹0FAFairchem Speciality₹0GOCL Corporation₹0Gravita India₹0GUGujarat Fluorochemicals L₹0Hathway Cable & Datacom₹0+20 more

Day by day

Change in the combined book on each trading day. The largest single-day addition was +₹270 Cr on 20 Jan 2020; the largest fall was −₹177 Cr on 09 Jan 2020.

Sectors

Finance supplied 46% of the month's increase on its own. 5 sectors shrank while the book grew 19.0%, led by Industrial Services.

NSE, BSE and concentration

NSE’s book moved +20.2% to ₹6,481 Cr and BSE’s +4.6% to ₹480 Cr, so BSE held 6.9% of the combined book. The ten largest positions held 25.5% of the whole book at month-end, 3.2 points more than a month earlier.

January in context

Month-end is the last trading day in the archive for the month; changes compare 31 Dec 2019 with 31 Jan 2020. Sector figures sum each day’s largest positions on a fixed basis. See the methodology for every definition.