INSUBCONTINENT EXCLUSIVE:
in the domestic equity market
The benchmarks Sensex and Nifty witnessed heavy selling pressure during the month on rising crude oil prices, falling rupee and spike in the
saw an upward trend with contribution of Rs 7,985 crore last month as against Rs 7,727 crore in September
Overall, the industry witnessed an inflow of Rs 35,529 crore last month against an outflow of Rs 2.3 lakh crore in September.
The total
sold during October:HDFC Asset Management CompanyTotal equity assets managed by the HDFC Asset Management Company stood at Rs 1.31 lakh
crore across 373 securities, data available with Ace Mutual Fund showed
The fund added 2.82 crore, 2.25 crore and 1.40 crore shares of Coal India, HPCL and BPCL last month
It also added 69 lakh, 55 lakh, 50 lakh and 44 lakh crore of NTPC, Indian Hotels, Vedanta and SBI, respectively
However, it sold 1.16 crore shares of Gammon Infra, followed by JP Power Ventures (89 lakh), Tata Motors (27.85 lakh), BHEL (26.50 lakh) and
Ashok Leyland (20.60 lakh).
ICICI Prudential Asset Management CompanyThe total equity assets managed by ICICI Prudential AMC stood at Rs 1.2
lakh crore in over 500 securities
The fund house added 3.80 crore and 3.79 crore shares of Bharti Airtel and Coal India last month
It was followed by Indian Oil Corporation (2.42 crore), Bank of Baroda (2.15 crore), Ambuja Cement (1.60 crore), NHPC (1.47 crore), Vedanta
(1.40 crore) and Axis Bank (1.38 crore)
On the other hand, it offloaded 2.41 crore and 1.14 crore shares of NTPC and BHEL
It also sold 76.60 lakh and 75 lakh shares of Bharti Infratel and Wipro
SBI Funds Management Total equity assets managed by SBI Funds Management stood at Rs 1.25 lakh crore across 347 securities
Among the common stocks, the fund added 1.27 crore shares of ICICI Bank
It was followed by BPCL (98 lakh), SBI (94 lakh), Coal India (76 lakh) and Bharti Airtel (61 lakh)
However, it sold 84 lakh, 76 lakh 67 lakh and 35 lakh shares of Bharti Infratel, Equitas Holdings, Indian Oil Corporation and Hindustan
Petroleum Corporation.
Aditya Birla Sun Life AMCThe total equity assets managed by SBI Funds Management stood at Rs 0.75 crore across 402
Among the big buy list, the fund house added 2.84 crore shares of State Bank of India
It also added Tata Power (66 lakh), Axis Bank (63 lakh), ICICI Bank (62 lakh), ITC (57 lakh) and Vedanta (55 lakh)
However, sold 1.16 crore and 3.38 crore shares of HPCL and YES Bank in October
Federal Bank, GMR Infra, LT Finance and LT also remained among top selling list of Aditya Birla Sun Life AMC.
Reliance Nippon Life AMCEquity
assets managed by the Reliance Nippon Life AMC stood at Rs 0.88 crore across 408 securities in October
The fund house added 3.59 crore shares and 1.30 crore shares of NTPC and Tata Power in October
It also bought over one crore shares each of oil marketing players including Indian Oil and HPCL
Reliance Nippon Life sold over 1 crore shares each in GAIL India, Ambuja Cement, BHEL and ONGC last month.
