MTF Insights — July 2024
India's combined NSE + BSE MTF book rose ₹3,263 crore (4.4%) in July 2024 to ₹76,859 crore on 31 Jul 2024 — the 10th-largest monthly rise since tracking began, and 127.6% higher than a year earlier. It set a record ₹77,253 crore on 25 Jul 2024 before easing. The book grew on 12 of 22 sessions. Hindustan Aeronautics added the most, ₹387 crore.
IndiaMTF · 28 Jun 2024 to 31 Jul 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 |
|---|---|---|---|
 Hindustan AeronauticsHAL | ₹1,556 | +₹387 | +31.2% |
 HDFC BankHDFCBANK | ₹967 | +₹378 | +61.2% |
 Bajaj FinanceBAJFINANCE | ₹825 | +₹345 | +73.1% |
 Varun BeveragesVBL | ₹1,219 | +₹296 | +30.2% |
 Mazagon Dock ShipbuildersMAZDOCK | ₹746 | +₹266 | +19.6% |
| Biggest unwinds | Book (₹ Cr) | Change | Shares |
|---|---|---|---|
| TATata MotorsTATAMOTORS | ₹541 | −₹505 | −49.2% |
 ITCITC | ₹401 | −₹394 | −52.0% |
 Tata Consultancy ServicesTCS | ₹166 | −₹290 | −65.0% |
 InfosysINFY | ₹153 | −₹284 | −67.5% |
 Larsen & ToubroLT | ₹418 | −₹220 | −34.1% |
New to the top 500 (42)
Sammaan Capital₹395
Embassy Developments₹298
Lodha Developers₹60
Astral₹53TVTV18 Broadcast₹48
Jyoti CNC Automation₹45
Supreme Industries₹41
Vindhya Telelinks₹40SINippon India ETF Silver BeES₹38
Nippon Life India Asset Management₹38
Timken India₹38
SKF India₹38+30 moreLeft the top 500 (42)
Vodafone Idea₹814IBIndiabulls Hsg Fin₹446IBIndiabulls Real Est₹329
DCX Systems₹100
Paras Defence and Space Technologies₹72
GMR Power and Urban Infra₹72
Sun Pharmaceutical Industries₹68
Kalpataru Projects International₹67
Lupin₹67
Dabur India₹54
Raymond₹42
Aurobindo Pharma₹42+30 moreDay by day
Change in the combined book on each trading day. The largest single-day addition was +₹976 Cr on 09 Jul 2024; the largest fall was −₹956 Cr on 03 Jul 2024.
Sectors
Finance supplied 83% of the month's increase on its own. 5 sectors shrank while the book grew 4.4%, led by Unclassified.
| Largest additions | Book (₹ Cr) | Change | % |
|---|---|---|---|
| Finance | ₹19,885 | +₹2,721 | +15.9% |
| Producer Manufacturing | ₹6,331 | +₹1,282 | +25.4% |
| Electronic Technology | ₹4,894 | +₹941 | +23.8% |
| Non-Energy Minerals | ₹5,432 | +₹712 | +15.1% |
| Utilities | ₹3,860 | +₹384 | +11.0% |
| Sectors that shrank | Book (₹ Cr) | Change | % |
|---|---|---|---|
| Unclassified | ₹2,477 | −₹1,150 | −31.7% |
| Technology Services | ₹3,143 | −₹675 | −17.7% |
| Communications | ₹943 | −₹652 | −40.9% |
| Consumer Non-Durables | ₹2,521 | −₹360 | −12.5% |
| Process Industries | ₹4,764 | −₹288 | −5.7% |
NSE, BSE and concentration
NSE’s book moved +4.7% to ₹73,908 Cr and BSE’s −1.7% to ₹2,951 Cr, so BSE held 3.8% of the combined book. The ten largest positions held 14.1% of the whole book at month-end, 0.8 points more than a month earlier.
July in context
| Month | Book at month-end (₹ Cr) | Change |
|---|---|---|
| July 2024 | ₹76,859 | +4.4% |
| 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% |
Month-end is the last trading day in the archive for the month; changes compare 28 Jun 2024 with 31 Jul 2024. Sector figures sum each day’s largest positions on a fixed basis. See the methodology for every definition.