In the month of October, foreign investors sold shares worth more than Rs 90 thousand crore in the domestic market. At the same time, amid this selling, buying was also seen from domestic investors and mutual funds. With the help of this buying, the effect of FII selling was somewhat less. Last month, mutual funds have increased their investment in many stocks. Many of these have been midcap stocks. According to a report by Nuvama Institutional Equities, these stocks also include stocks like Tata Chemicals and KEI Industries. Also, in October, funds have also reduced their share in many stocks. Take a look at the stocks where funds have bought and sold in the month of October.
Which stocks did the funds buy?
According to Nuvama's report, mutual funds bought 54 lakh shares of 360 One Wam in the month of October, due to which the number of shares held by the funds has increased to 2.87 crores. During the same period, AMC bought 45 lakh shares of Tata Chemicals, due to which the number of shares held by the funds increased to 2.54 crores at the end of the month. Funds bought 12 lakh shares of KCI Industries in the month of October and the number of shares held by the funds increased to 1.32 crores at the end of October. Funds bought 14 lakh shares of Angel One in October, due to which the total holding of funds in the company has increased to 1 crore shares. Apart from this, funds bought 9 lakh shares of AIA Engineering in the month of October. By the end of the month, the number of shares held by the funds in the company had increased to 1.83 crores. Apart from this, funds have also bought a good share in Bank of Maharashtra, IDFC First Bank, Aditya Birla Capital, Poonawala Fincorp, Paytm, Marico, BSE, RVNL and Colgate during the month of October. Where did the selling happen? Funds have sold 4.49 crore shares in RBL Bank. By the end of October, the funds' holding in the bank has come down to Rs 8.06 crore. Apart from this, shares were sold in CDSL, MCX, Manyavar and Piramal Enterprises.
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