MTF Insights — May 2024
India's combined NSE + BSE MTF book rose ₹2,411 crore (3.6%) in May 2024 to ₹69,570 crore on 31 May 2024, and 155.5% higher than a year earlier. It set a record ₹70,245 crore on 30 May 2024 before easing. The book grew on 12 of 22 sessions. Tata Motors added the most, ₹529 crore.
IndiaMTF · 30 Apr 2024 to 31 May 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 |
|---|---|---|---|
| TATata MotorsTATAMOTORS | ₹1,259 | +₹529 | +70.9% |
 Hindustan AeronauticsHAL | ₹798 | +₹384 | +50.4% |
 Hindustan CopperHINDCOPPER | ₹605 | +₹289 | +58.6% |
 Jio Financial ServicesJIOFIN | ₹1,344 | +₹237 | +20.4% |
 State Bank of IndiaSBIN | ₹601 | +₹230 | +50.7% |
| Biggest unwinds | Book (₹ Cr) | Change | Shares |
|---|---|---|---|
 Kotak Mahindra BankKOTAKBANK | ₹258 | −₹254 | −49.2% |
 UPLUPL | ₹238 | −₹145 | −37.1% |
 Vodafone IdeaIDEA | ₹1,251 | −₹144 | −12.2% |
 Union Bank of IndiaUNIONBANK | ₹252 | −₹141 | −35.4% |
 Hindustan UnileverHINDUNILVR | ₹208 | −₹140 | −41.6% |
New to the top 500 (31)
Cummins India₹72
Adani Power₹64
JK Cement₹36
Welspun Enterprises₹34
Mankind Pharma₹33
Jupiter Wagons₹32
Venus Pipes & Tubes₹32
KFIN Technologies₹30
Sansera Engineering₹30
Zydus Lifesciences₹29
Honeywell Automation India₹29+19 moreLeft the top 500 (31)
Techno Electric & Engineering Company₹35
Emami₹34
Dr. Lal Path Labs₹34
Havells India₹34
Nuvama Wealth Management₹34
SBFC Finance₹34
360 One Wam₹29
Escorts Kubota₹29
Metropolis Healthcare₹29
Nippon Life India Asset Management₹29
Vedant Fashions₹28+19 moreDay by day
Change in the combined book on each trading day. The largest single-day addition was +₹1,133 Cr on 03 May 2024; the largest fall was −₹675 Cr on 31 May 2024.
Sectors
Electronic Technology supplied 26% of the month's increase on its own. 5 sectors shrank while the book grew 3.6%, led by Process Industries.
| Largest additions | Book (₹ Cr) | Change | % |
|---|---|---|---|
| Electronic Technology | ₹2,708 | +₹637 | +30.8% |
| Finance | ₹17,201 | +₹511 | +3.1% |
| Unclassified | ₹4,183 | +₹510 | +13.9% |
| Non-Energy Minerals | ₹4,493 | +₹400 | +9.8% |
| Producer Manufacturing | ₹3,955 | +₹327 | +9.0% |
| Sectors that shrank | Book (₹ Cr) | Change | % |
|---|---|---|---|
| Process Industries | ₹4,607 | −₹229 | −4.7% |
| Retail Trade | ₹482 | −₹152 | −24.0% |
| Communications | ₹1,907 | −₹144 | −7.0% |
| Consumer Non-Durables | ₹2,528 | −₹68 | −2.6% |
| Health Services | ₹339 | −₹68 | −16.7% |
NSE, BSE and concentration
NSE’s book moved +3.8% to ₹66,605 Cr and BSE’s −0.2% to ₹2,965 Cr, so BSE held 4.3% of the combined book. The ten largest positions held 14.0% of the whole book at month-end, 0.7 points more than a month earlier.
May in context
| Month | Book at month-end (₹ Cr) | Change |
|---|---|---|
| May 2024 | ₹69,570 | +3.6% |
| April 2024 | ₹67,159 | +17.6% |
| March 2024 | ₹57,108 | −7.1% |
| February 2024 | ₹61,503 | +7.9% |
| January 2024 | ₹57,017 | +11.8% |
| December 2023 | ₹51,019 | +10.1% |
Month-end is the last trading day in the archive for the month; changes compare 30 Apr 2024 with 31 May 2024. Sector figures sum each day’s largest positions on a fixed basis. See the methodology for every definition.