MFs turn sellers in these 5 stocks in March after four months of buying

Apr 21, 2024, 12:11:01 PM IST1/6

​Shifting Sentiments

Around 32 stocks witnessed buying by mutual funds over the past four months (November 2023 to February 2024) but turned to selling in March. Here are the top 5 stocks from the list, according to a report from Elara Capital.

2/6

Indian Bank

The stock witnessed continuous MF buying from November 2023 to February 2024 but turned to selling in March. The total buying in four months was Rs 2,397 crore and the selling in March was Rs 18 crore. The selling as a percentage of buying was -1%.

3/6

Larsen & Toubro

The stock saw a total buying by mutual funds of Rs 2,382 crore from November 2023 to February 2024. Mfs sold stock worth Rs 1,118 crore in March. The selling as a percentage of buying was -47%.
4/6

CG Power and Industrial Solutions

The stock witnessed continuous buying from November 2023 to February 2024 of Rs 1,486 crore by mutual funds. The total sales in March were Rs 317 crore. The selling as a percentage of buying was -21%.

5/6

Grasim Industries

The stock observed continuous buying for four months by MFs of Rs 1,345 crore. The selling in March was Rs 136 crore. This selling as a percentage of buying was -10%.

6/6

Apollo Tyres

The stock saw continuous buying by MFs for four months of Rs 1,182 crore. The selling was around Rs 150 crore. This selling as a percentage of buying was -13%.
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