MTF Insights — June 2024
India's combined NSE + BSE MTF book rose ₹4,026 crore (5.8%) in June 2024 to ₹73,596 crore on 28 Jun 2024 — the 6th-largest monthly rise since tracking began, and 146.5% higher than a year earlier. It set a record ₹74,356 crore on 26 Jun 2024 before easing. The book grew on 12 of 19 sessions. Bharat Electronics added the most, ₹411 crore.
IndiaMTF · 31 May 2024 to 28 Jun 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 |
|---|---|---|---|
 Bharat ElectronicsBEL | ₹1,082 | +₹411 | +42.5% |
 Hindustan AeronauticsHAL | ₹1,168 | +₹370 | +31.8% |
 Indus TowersINDUSTOWER | ₹454 | +₹306 | +173.5% |
 IRB Infrastructure DevelopersIRB | ₹543 | +₹283 | +102.3% |
 Larsen & ToubroLT | ₹639 | +₹256 | +69.1% |
| Biggest unwinds | Book (₹ Cr) | Change | Shares |
|---|---|---|---|
 HDFC BankHDFCBANK | ₹589 | −₹504 | −47.2% |
 Vodafone IdeaIDEA | ₹814 | −₹437 | −39.7% |
 InfosysINFY | ₹437 | −₹433 | −49.6% |
 Reliance IndustriesRELIANCE | ₹446 | −₹394 | −47.5% |
 Bajaj FinanceBAJFINANCE | ₹480 | −₹315 | −39.7% |
New to the top 500 (39)
Kalpataru Projects International₹67TCTcns Clothing Co₹59
Arvind Fashions₹57
United Spirits₹51
Aurobindo Pharma₹42
Neuland Laboratories₹40
Glenmark Pharmaceuticals₹38
Nuvama Wealth Management₹37
PNB Gilts₹37
Oberoi Realty₹36
EIH₹33
Skipper₹33+27 moreLeft the top 500 (39)
Can Fin Homes₹67
Max Healthcare Institute₹51MCUnited Spirits₹50
Eureka Forbes₹47
Page Industries₹43ISIsmt₹40
Jubilant Pharmova₹37
JK Cement₹36
Info Edge (India)₹33
Share India Securities₹33
ICICI Prudential Life Insurance Company₹33+27 moreDay by day
Change in the combined book on each trading day. The largest single-day addition was +₹1,883 Cr on 19 Jun 2024; the largest fall was −₹1,441 Cr on 03 Jun 2024.
Sectors
Electronic Technology supplied 31% of the month's increase on its own. 5 sectors shrank while the book grew 5.8%, led by Technology Services.
| Largest additions | Book (₹ Cr) | Change | % |
|---|---|---|---|
| Electronic Technology | ₹3,953 | +₹1,246 | +46.0% |
| Producer Manufacturing | ₹5,049 | +₹1,094 | +27.7% |
| Industrial Services | ₹3,513 | +₹825 | +30.7% |
| Consumer Durables | ₹2,199 | +₹469 | +27.1% |
| Process Industries | ₹5,052 | +₹444 | +9.6% |
| Sectors that shrank | Book (₹ Cr) | Change | % |
|---|---|---|---|
| Technology Services | ₹3,818 | −₹671 | −14.9% |
| Unclassified | ₹3,627 | −₹557 | −13.3% |
| Communications | ₹1,594 | −₹313 | −16.4% |
| Energy Minerals | ₹2,947 | −₹218 | −6.9% |
| Utilities | ₹3,477 | −₹201 | −5.5% |
NSE, BSE and concentration
NSE’s book moved +6.0% to ₹70,593 Cr and BSE’s +1.3% to ₹3,003 Cr, so BSE held 4.1% of the combined book. The ten largest positions held 13.2% of the whole book at month-end, 0.8 points less than a month earlier.
June in context
| Month | Book at month-end (₹ Cr) | Change |
|---|---|---|
| June 2024 | ₹73,596 | +5.8% |
| 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% |
Month-end is the last trading day in the archive for the month; changes compare 31 May 2024 with 28 Jun 2024. Sector figures sum each day’s largest positions on a fixed basis. See the methodology for every definition.