MTF Insights — September 2021
India's combined NSE + BSE MTF book rose ₹2,325 crore (12.7%) in September 2021 to a record ₹20,601 crore on 30 Sep 2021 — the largest monthly rise since tracking began. The book grew on 13 of 20 sessions. Tata Steel added the most, ₹220 crore.
IndiaMTF · 31 Aug 2021 to 30 Sep 2021 · Tracking MTF data and analytics since 01 Jan 2021
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 |
|---|---|---|---|
 Tata SteelTATASTEEL | ₹448 | +₹220 | +114.8% |
 Indian Railway Catering & Tourism CorporationIRCTC | ₹286 | +₹198 | +135.2% |
 Bajaj FinanceBAJFINANCE | ₹261 | +₹188 | +196.5% |
 Zee Entertainment EnterprisesZEEL | ₹246 | +₹116 | +30.4% |
 Tata Consultancy ServicesTCS | ₹168 | +₹111 | +156.9% |
| Biggest unwinds | Book (₹ Cr) | Change | Shares |
|---|---|---|---|
| TATata MotorsTATAMOTORS | ₹278 | −₹194 | −40.8% |
 Reliance IndustriesRELIANCE | ₹254 | −₹112 | −35.0% |
 State Bank of IndiaSBIN | ₹220 | −₹104 | −32.6% |
 Kotak Mahindra BankKOTAKBANK | ₹49 | −₹99 | −68.3% |
 Maruti Suzuki IndiaMARUTI | ₹128 | −₹92 | −41.2% |
New to the top 500 (33)
Left the top 500 (33)
Day by day
Change in the combined book on each trading day. The largest single-day addition was +₹508 Cr on 28 Sep 2021; the largest fall was −₹285 Cr on 06 Sep 2021.
Sectors
Technology Services supplied 22% of the month's increase on its own. 5 sectors shrank while the book grew 12.7%, led by Consumer Durables.
| Largest additions | Book (₹ Cr) | Change | % |
|---|---|---|---|
| Technology Services | ₹1,396 | +₹506 | +56.9% |
| Non-Energy Minerals | ₹2,498 | +₹470 | +23.1% |
| Finance | ₹3,714 | +₹340 | +10.1% |
| Consumer Services | ₹726 | +₹339 | +87.6% |
| Process Industries | ₹1,760 | +₹236 | +15.5% |
| Sectors that shrank | Book (₹ Cr) | Change | % |
|---|---|---|---|
| Consumer Durables | ₹802 | −₹135 | −14.4% |
| Energy Minerals | ₹775 | −₹86 | −10.0% |
| Utilities | ₹351 | −₹30 | −7.8% |
| Commercial Services | ₹207 | −₹20 | −8.7% |
| Transportation | ₹380 | −₹18 | −4.6% |
NSE, BSE and concentration
NSE’s book moved +12.8% to ₹20,161 Cr and BSE’s +8.9% to ₹440 Cr, so BSE held 2.1% of the combined book. The ten largest positions held 15.6% of the whole book at month-end, 1.8 points less than a month earlier.
September in context
| Month | Book at month-end (₹ Cr) | Change |
|---|---|---|
| September 2021 | ₹20,601 | +12.7% |
| August 2021 | ₹18,276 | −0.9% |
| July 2021 | ₹18,447 | +9.1% |
| June 2021 | ₹16,904 | +13.7% |
| May 2021 | ₹14,867 | +13.4% |
| April 2021 | ₹13,111 | +5.8% |
Month-end is the last trading day in the archive for the month; changes compare 31 Aug 2021 with 30 Sep 2021. Sector figures sum each day’s largest positions on a fixed basis. See the methodology for every definition.