MTF Insights — January 2021
India's combined NSE + BSE MTF book rose ₹2,162 crore (28.2%) in January 2021 to a record ₹9,830 crore on 29 Jan 2021 — the largest monthly rise since tracking began, and 41.2% higher than a year earlier. The book grew on 14 of 19 sessions. Bajaj Finance added the most, ₹156 crore.
IndiaMTF · 30 Dec 2020 to 29 Jan 2021 · 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 |
|---|---|---|---|
 BAJFINANCEBajaj Finance | ₹221 | +₹156 | +192.5% |
 BANDHANBNKBandhan Bank | ₹165 | +₹134 | +463.7% |
 KOTAKBANKKotak Mahindra Bank | ₹132 | +₹124 | +1710.3% |
 IRCTCIndian Railway Catering & Tourism Corporation | ₹126 | +₹124 | +5823.9% |
| TATATAMOTORSTata Motors | ₹189 | +₹111 | +61.2% |
| Biggest unwinds | Book (₹ Cr) | Change | Shares |
|---|---|---|---|
 HEROMOTOCOHero MotoCorp | ₹23 | −₹45 | −66.1% |
 EICHERMOTEicher Motors | ₹21 | −₹26 | −61.2% |
 UPLUPL Limited | ₹19 | −₹22 | −59.2% |
 AXISBANKAxis Bank | ₹30 | −₹22 | −41.2% |
 BPCLBharat Petroleum Corporation | ₹75 | −₹21 | −22.9% |
New to the top 500 (2)
Left the top 500 (33)
Day by day
Change in the combined book on each trading day. The largest single-day addition was +₹941 Cr on 18 Jan 2021; the largest fall was −₹438 Cr on 15 Jan 2021.
View as table: change on each trading day19 days
| Date | Change in the book |
|---|---|
| 01 Jan 2021 | +₹32 Cr |
| 04 Jan 2021 | −₹91 Cr |
| 05 Jan 2021 | +₹159 Cr |
| 06 Jan 2021 | +₹391 Cr |
| 07 Jan 2021 | +₹133 Cr |
| 08 Jan 2021 | −₹236 Cr |
| 11 Jan 2021 | +₹186 Cr |
| 12 Jan 2021 | +₹79 Cr |
| 13 Jan 2021 | +₹313 Cr |
| 15 Jan 2021 | −₹438 Cr |
| 18 Jan 2021 | +₹941 Cr |
| 19 Jan 2021 | −₹151 Cr |
| 20 Jan 2021 | −₹116 Cr |
| 21 Jan 2021 | +₹195 Cr |
| 22 Jan 2021 | +₹462 Cr |
| 25 Jan 2021 | +₹90 Cr |
| 27 Jan 2021 | +₹56 Cr |
| 28 Jan 2021 | +₹38 Cr |
| 29 Jan 2021 | +₹119 Cr |
Sectors
Finance supplied 36% of the month's increase on its own. 3 sectors shrank while the book grew 28.2%, led by Transportation.
| Largest additions | Book (₹ Cr) | Change | % |
|---|---|---|---|
| Finance | ₹2,089 | +₹774 | +58.9% |
| Unclassified | ₹954 | +₹249 | +35.3% |
| Non-Energy Minerals | ₹711 | +₹240 | +50.8% |
| Technology Services | ₹648 | +₹237 | +57.6% |
| Health Technology | ₹908 | +₹148 | +19.5% |
| Sectors that shrank | Book (₹ Cr) | Change | % |
|---|---|---|---|
| Transportation | ₹106 | −₹16 | −13.4% |
| Consumer Durables | ₹346 | −₹16 | −4.3% |
| Health Services | ₹84 | −₹12 | −12.3% |
NSE, BSE and concentration
NSE’s book moved +28.3% to ₹9,592 Cr and BSE’s +25.9% to ₹238 Cr, so BSE held 2.4% of the combined book. The ten largest positions held 20.8% of the whole book at month-end, 0.7 points more than a month earlier.
January in context
| Month | Book at month-end (₹ Cr) | Change |
|---|---|---|
| January 2021 | ₹9,830 | +28.2% |
| December 2020 | ₹7,668 | +8.3% |
| November 2020 | ₹7,079 | +0.3% |
| October 2020 | ₹7,059 | +12.2% |
| September 2020 | ₹6,289 | −16.2% |
| August 2020 | ₹7,508 | +12.7% |
Month-end is the last trading day in the archive for the month; changes compare 30 Dec 2020 with 29 Jan 2021. Sector figures sum each day’s largest positions on a fixed basis. See the methodology for every definition.