MTF Insights — April 2024

India's combined NSE + BSE MTF book rose ₹10,051 crore (17.6%) in April 2024 to ₹67,159 crore on 30 Apr 2024 — the largest monthly rise since tracking began, and 160.4% higher than a year earlier. It set a record ₹67,620 crore on 29 Apr 2024 before easing. The book grew on 17 of 20 sessions. Vodafone Idea added the most, ₹1,073 crore.

IndiaMTF · 28 Mar 2024 to 30 Apr 2024 · 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
Vodafone IdeaIDEA	₹1,395	+₹1,073	+323.2%
Reliance IndustriesRELIANCE	₹842	+₹442	+104.3%
InfosysINFY	₹787	+₹421	+118.6%
Kotak Mahindra BankKOTAKBANK	₹512	+₹309	+161.6%
Jio Financial ServicesJIOFIN	₹1,107	+₹200	+11.2%

Biggest unwinds	Book (₹ Cr)	Change	Shares
HDFC BankHDFCBANK	₹1,224	−₹232	−16.7%
Punjab National BankPNB	₹337	−₹120	−28.7%
Petronet LNGPETRONET	₹142	−₹116	−46.5%
Indian Railway Catering & Tourism CorporationIRCTC	₹174	−₹108	−40.6%
Poonawalla FincorpPOONAWALLA	₹404	−₹79	−17.0%

New to the top 500 (35)

L&T Finance₹123Cyient₹84Sun Pharmaceutical Industries₹58GUGujarat Gas₹48ITNippon India ETF It₹40SBI Life Insurance Company₹38Vidhi Specialty Food Ingredients₹36Bombay Dyeing & Mfg Company₹35Techno Electric & Engineering Company₹35Jubilant Ingrevia₹34SBFC Finance₹34Route Mobile₹34+23 more

Left the top 500 (35)

LTL&T Finance Holdings₹110Latent View Analytics₹79Gujarat Ambuja Exports₹39AEAegis Logistics₹28Venus Pipes & Tubes₹28Punjab & Sind Bank₹27Mahanagar Telephone Nigam₹25Ethos₹24Genesys International Corporation₹24Bharat Bijlee₹23TITips Industries₹23Torrent Power₹23+23 more

Day by day

Change in the combined book on each trading day. The largest single-day addition was +₹1,446 Cr on 09 Apr 2024; the largest fall was −₹461 Cr on 30 Apr 2024.

Sectors

2 sectors shrank while the book grew 17.6%, led by Consumer Services.

NSE, BSE and concentration

NSE’s book moved +17.8% to ₹64,187 Cr and BSE’s +14.1% to ₹2,972 Cr, so BSE held 4.4% of the combined book. The ten largest positions held 13.3% of the whole book at month-end, 0.3 points more than a month earlier.

April in context

Month-end is the last trading day in the archive for the month; changes compare 28 Mar 2024 with 30 Apr 2024. Sector figures sum each day’s largest positions on a fixed basis. See the methodology for every definition.