STOCKS BOUGHT BY MUTUAL FUNDS IN SEP. 2023
Mutual funds were net buyers of 64 per cent of Nifty 50’s stocks in September. The highest month-on- month net buying in September 2023 was observed in Adani Ports (+14.2%), Eicher Motors (+11%), UPL (+9.8%), HDFC Life (+7.1%), and Bajaj Auto (+6.9%), shows data These were followed by Wipro, Tata Hindalco, Reliance Industries and analysed by brokerage Motilal Oswal. Motors, Power Grid, IndusInd Bank, Hero MotoCorp, Grasim Industries, Kotak Mahindra Bank.
|
COMPANY |
VALUE SEP-23 (INR CR.) |
SHARES CHG MOM (%) |
| Adani Ports & SEZ | 60.8 | 14.2 |
| Eicher Motors | 51.5 | 11.0 |
| UPL | 32.8 | 9.8 |
| HDFC Life Insurance | 60.6 | 7.1 |
| Bajaj Auto | 63.5 | 6.9 |
| Wipro | 58.0 | 4.7 |
| Tata Motors | 194.8 | 4.6 |
| Power Grid | 177.4 | 4.2 |
| IndusInd Bank | 158.4 | 3.5 |
| Hero MotoCorp | 73.4 | 3.4 |
| Grasim Industries | 64.8 | 3.1 |
| Hindalco | 121.3 | 2.6 |
| Reliance Industries | 959.3 | 2.5 |
| Kotak Mahindra Bank | 330.8 | 2.3 |
| Divi’s Lab. | 133.8 | 2.3 |
| UltraTech Cement | 206.1 | 2.2 |
| JSW Steel | 47.0 | 2.1 |
| Nestle India | 100.9 | 2.0 |
| HDFC Bank | 1927.2 | 1.8 |
| Maruti Suzuki | 372.3 | 1.8 |
| ITC | 503.5 | 1.7 |
| Tech Mahindra | 143.0 | 1.4 |
| ICICI Bank | 1549.9 | 1.4 |
| Cipla | 153.2 | 1.4 |
| Apollo Hospitals | 94.7 | 1.2 |
| Sun Pharma | 347.5 | 0.6 |
| TCS | 429.4 | 0.6 |
| SBI Life Insurance | 138.3 | 0.5 |
| HUL | 268.7 | 0.5 |
| Titan Company | 141.8 | 0.1 |
