Most Bought & Most Sold stocks
Mutual Funds in December picked stocks ranging from Agriculture, Electric Utilities as well as the IT sector. Coal India and Manganese Ore India Ltd saw entry into the maximum number of portfolios in December 2010. In all, 15 AMCs added Coal India to their portfolios and seven added MOIL Ltd.
Top 10 most bought stocks by MF in December
S No | Company | Sector | No of Shares Added |
1 | Coal India Ltd | Coal | 16,464,171 |
2 | MOIL Ltd | Mining | 2,494,310 |
3 | Usher Agro | Agricultural products | 1,705,268 |
4 | Suzlon Energy Ltd | Heavy Electrical Equipment | 1,586,991 |
5 | NTPC Limited | Electric Utilities | 1,027,002 |
6 | Industrial Development Bank of India | Financials | 919,842 |
7 | Wipro Ltd | Information & Technology | 904,355 |
8 | APL Apollo Tubes Ltd | Iron & Steel Products | 900,000 |
9 | NVC Lighting Holdings Ltd | Lighting | 857,000 |
10 | Dena Bank Ltd | Financials | 841,711 |
Source: Product Research & Information Desk
Mutual Funds in December sold stocks in the financial companies including banks signaling concerns over the macro environment. Hindustan Construction was pared by fund houses for the second consecutive time and was the seventh most sold stock on the list
S No | Company | Sector | No of Shares Sold |
1 | GVK Power & Infrastructure Ltd | Electric Utilities | 7,454,251 |
2 | South Indian Bank Ltd | Financials | 4,963,511 |
3 | Welspun Corp Ltd | Construction & Engineering | 2,804,973 |
4 | K S Oils Ltd | Edible Oils | 2,581,328 |
5 | Development Credit Bank | Financials | 2,385,000 |
6 | Standard Chartered PLC | Financials | 2,100,000 |
7 | Hindustan Construction Co. Ltd | Construction & Engineering | 2,004,631 |
8 | Camlin Ltd | Non-Durable Household Prod | 1,322,138 |
9 | Escorts Ltd | Commercial Vehicles | 1,168,026 |
10 | Rashtriya Chemicals & Fertilizers Ltd | Fertilizers | 1,156,424 |
No comments:
Post a Comment