MTF Insights — September 2024
India's combined NSE + BSE MTF book rose ₹282 crore (0.3%) in September 2024 to ₹85,395 crore on 30 Sep 2024, and 98.0% higher than a year earlier. It set a record ₹86,311 crore on 18 Sep 2024 before easing. The book grew on 11 of 21 sessions. Tata Motors added the most, ₹472 crore.
IndiaMTF · 30 Aug 2024 to 30 Sep 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 | ₹1,150 | +₹472 | +75.5% |
 Reliance IndustriesRELIANCE | ₹1,697 | +₹301 | +21.2% |
 Tata Consultancy ServicesTCS | ₹413 | +₹254 | +149.7% |
 BSEBSE | ₹287 | +₹169 | +78.8% |
 IIFL FinanceIIFL | ₹218 | +₹151 | +193.5% |
| Biggest unwinds | Book (₹ Cr) | Change | Shares |
|---|---|---|---|
 HDFC BankHDFCBANK | ₹477 | −₹378 | −44.9% |
 Cochin ShipyardCOCHINSHIP | ₹145 | −₹368 | −71.7% |
 Tata Power CompanyTATAPOWER | ₹412 | −₹328 | −44.2% |
 Bajaj FinanceBAJFINANCE | ₹321 | −₹312 | −51.0% |
 JSW EnergyJSWENERGY | ₹157 | −₹253 | −66.6% |
New to the top 500 (37)
Ola Electric Mobility₹133
Five-Star Business Finance₹102
Prataap Snacks₹54
Minda Corporation₹54
Raymond₹46
SBFC Finance₹46
UNO Minda₹46
JK Cement₹44
Global Health₹42
DCW₹41
LT Foods₹40
Himadri Speciality Chemical₹40+25 moreLeft the top 500 (37)
Balkrishna Industries₹57INInfibeam Avenues₹57
CEAT₹49SINippon India ETF Silver BeES₹45
Electrosteel Castings₹43
Jindal Saw₹41
PG Electroplast₹41
Fortis Healthcare₹40
Strides Pharma Science₹40
Britannia Industries₹40
JSW Steel₹38
Thermax₹38+25 moreDay by day
Change in the combined book on each trading day. The largest single-day addition was +₹842 Cr on 16 Sep 2024; the largest fall was −₹1,576 Cr on 20 Sep 2024.
Sectors
Technology Services supplied 271% of the month's increase on its own. 5 sectors shrank while the book grew 0.3%, led by Non-Energy Minerals.
| Largest additions | Book (₹ Cr) | Change | % |
|---|---|---|---|
| Technology Services | ₹4,399 | +₹765 | +21.0% |
| Unclassified | ₹3,729 | +₹466 | +14.3% |
| Health Technology | ₹1,730 | +₹418 | +31.9% |
| Process Industries | ₹5,474 | +₹386 | +7.6% |
| Energy Minerals | ₹4,139 | +₹341 | +9.0% |
| Sectors that shrank | Book (₹ Cr) | Change | % |
|---|---|---|---|
| Non-Energy Minerals | ₹5,570 | −₹808 | −12.7% |
| Producer Manufacturing | ₹6,436 | −₹640 | −9.1% |
| Utilities | ₹3,704 | −₹609 | −14.1% |
| Consumer Durables | ₹1,938 | −₹351 | −15.3% |
| Commercial Services | ₹1,019 | −₹275 | −21.2% |
NSE, BSE and concentration
NSE’s book moved +0.4% to ₹82,020 Cr and BSE’s −0.5% to ₹3,375 Cr, so BSE held 4.0% of the combined book. The ten largest positions held 14.3% of the whole book at month-end, 0.5 points more than a month earlier.
September in context
| Month | Book at month-end (₹ Cr) | Change |
|---|---|---|
| September 2024 | ₹85,395 | +0.3% |
| August 2024 | ₹85,113 | +10.7% |
| July 2024 | ₹76,859 | +4.4% |
| June 2024 | ₹73,596 | +5.8% |
| May 2024 | ₹69,570 | +3.6% |
| April 2024 | ₹67,159 | +17.6% |
Month-end is the last trading day in the archive for the month; changes compare 30 Aug 2024 with 30 Sep 2024. Sector figures sum each day’s largest positions on a fixed basis. See the methodology for every definition.