logo
ITC, MCX among top stocks bought and sold by mutual funds in July

ITC, MCX among top stocks bought and sold by mutual funds in July

Time of Indiaa day ago
Mutual Funds bought stocks worth Rs 45,400 crore in July, while their total cash and equivalents rose to Rs 1.85 lakh crore (5.46%) from Rs 1.82 lakh crore (5.34%) in June, according to Nuvama Institutional Equities.
The key additions across the mutual fund industry were
State Bank of India
(Rs 10,200 crore),
Infosys
(Rs 5,400 crore) and
TCS
(Rs 4,000 crore), while key reductions were Interglobe Aviation (Rs 2,400 crore), Eternal (Rs 1,700 crore), and HPCL (Rs 900 crore).
Finance
Value and Valuation Masterclass - Batch 4
By CA Himanshu Jain
View Program
Artificial Intelligence
AI For Business Professionals Batch 2
By Ansh Mehra
View Program
Finance
Value and Valuation Masterclass - Batch 3
By CA Himanshu Jain
View Program
Artificial Intelligence
AI For Business Professionals
By Vaibhav Sisinity
View Program
Finance
Value and Valuation Masterclass - Batch 2
By CA Himanshu Jain
View Program
Finance
Value and Valuation Masterclass Batch-1
By CA Himanshu Jain
View Program
Also Read |
Sectoral & thematic mutual funds see record jump in inflows to over Rs 9,400 crore. Is it time to enter or stay cautious?
Best MF to invest
Looking for the best mutual funds to invest? Here are our recommendations.
View
Details
»
The key additions for three consecutive months were State Bank of India,
Bajaj Finance
, Larsen & Toubro,
Kotak Mahindra Bank
, and
Axis Bank
, whereas the key reductions were
Coal India
,
Grasim Industries
,
BPCL
, Power Fin Corp, and TVS Motor Co for three consecutive months.
In largecaps, mutual funds' key buys included State Bank of India, Infosys, M&M,
Avenue Supermarts
, and
ITC
, while major sells were
Reliance Industries
,
Trent
, Sun Pharma, Axis Bank, and Coal India.
Live Events
In midcaps, notable additions were
Travel Food Services
(Rs 700 crore), JB Chemicals & Pharmaceuticals (Rs 600 crore), and
Navin Fluorine International
(Rs 600 crore), while major reductions were ACC (Rs 800 crore), Hindustan Copper (Rs 600 crore), and Aarti Industries (Rs 400 crore).
In the midcap space, key additions for three consecutive months were UCO Bank, Apar Inds, Blue Star, Global Health and Central Bank Of India whereas key reductions included Radico Khaitan, Endurance Tech, 3M India, ACC, and Affle (India).
Key buying in the midcap segment was seen in CG Power & Industrial,
Dixon Technologies
,
Cummins India
, FSN E-Commerce, Info Edge (India), while key selling was seen in Solar Industries, Max Healthcare, Indian Hotels Co, HPCL,
Federal Bank
.
In the smallcap segment, the key additions were Marathon Nextgen (Rs 500 crore), India Shelter Finance (Rs 400 crore), and Ellenbarrie Industries (Rs 300 crore) whereas the key reductions were Rallis India (Rs 100 crore), Aditya Birla Fashion (Rs 100 crore), and CE Info Systems (Rs 100 crore).
For three consecutive months, key additions in the smallcap segment were Va Tech Wabag, Edelweiss Fin, NESCO, Alok Industries Ltd., and Maharashtra Seamless, and the key reductions were Power Mech Projects, Praj Industries, Strides Pharma, Thomas Cook (I), and Gujarat Pipavav Port.
Also Read |
Honasa shares soar 13% on Q1 beat, Jefferies predicts stock can rally up to Rs 400
A significant buying in the small cap space was seen in Laurus Labs, RBL Bank, J B Chem & Pharm, India Shelter Finance and Kaynes Tech, while highest selling was seen in MCX,
BSE
, Hitachi Energy, Tega Industries, and Indiamart Intermesh.
The new entries in smallcap space included Globus Spirits & Edelweiss Finance, while Hindustan Copper made a complete exit.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Kolkata port signs ₹343.58 crore deal for Haldia berth mechanisation
Kolkata port signs ₹343.58 crore deal for Haldia berth mechanisation

Business Standard

time5 minutes ago

  • Business Standard

Kolkata port signs ₹343.58 crore deal for Haldia berth mechanisation

The Syama Prasad Mookerjee Port, Kolkata (SMPK) on Thursday awarded a Rs 343.58 crore public-private partnership (PPP) project to Ganges Bulk Terminal Pvt. Ltd. (GBTPL) for the mechanisation of berth No. 5 at Haldia Dock Complex, aiming to improve cargo handling efficiency, officials said. The project, to be implemented on a Design, Build, Finance, Operate and Transfer (DBFOT) basis, will equip the berth to handle 5 million metric tonnes of dry bulk cargo annually, they added. It is targeted for completion by December 2027, SMPK said in a statement. GBTPL will invest Rs 343.58 crore, while the government will provide Rs 22.30 crore through internal and extra budgetary resources, the riverine port said. SMPK chairman Rathendra Raman said it will improve operational capabilities, and strengthen eastern India's role in maritime trade. According to port authorities, the mechanisation will reduce vessel turnaround time, increase throughput, and deliver long-term economic benefits for the region's port sector.

Massive layoffs in this company, to sack 3400 employees due to…, not Amazon, Microsoft, Google, Infosys, IBM, TCS, name is…
Massive layoffs in this company, to sack 3400 employees due to…, not Amazon, Microsoft, Google, Infosys, IBM, TCS, name is…

India.com

time5 minutes ago

  • India.com

Massive layoffs in this company, to sack 3400 employees due to…, not Amazon, Microsoft, Google, Infosys, IBM, TCS, name is…

There was constant news of layoffs in tech giants globally, especially due to more use of artificial intelligence which has reduced the dependency of human beings. But now there is a report of major job cuts by the big advertising agency Dentsu. Japanese advertising giant Dentsu Group Inc. announced plans to reduce 3,400 positions outside Japan and about 8% of its international workforce according to a statement dated August 14, 2025. Why Is Dentsu Laying Off Employees? The company achieved record-high net revenue and operating profit in the first half of the year. Dentsu said its international operations continued to post negative growth across all three major regions, creating 'an extremely challenging performance.' The group cited a slower-than-expected recovery in its customer experience management (CXM) unit and losses in its creative segment. They also expect broader macroeconomic uncertainty. Due to which it has trimmed its full-year organic growth forecast to nearly zero. What Dentsu Says On Layoffs? Dentsu also reported goodwill impairment losses of ¥86 billion in the Americas and EMEA and announced it will suspend its interim dividend. President and Global CEO Hiroshi Igarashi said the headcount reduction is part of a broader cost-cutting plan to save about Rs 3,120 crore annually by 2027. 'I am acutely aware that reforming international business is an urgent issue,' he added. 'In our international business, we will focus on fundamental improvement measures to restore its profitability and competitive advantage while striving to enhance the corporate value of the entire group, growing as One dentsu,' he added.

IOCL's Q1 net profit surges 83 pc to Rs 6,808 crore
IOCL's Q1 net profit surges 83 pc to Rs 6,808 crore

Hans India

time5 minutes ago

  • Hans India

IOCL's Q1 net profit surges 83 pc to Rs 6,808 crore

Mumbai: Maharatna public sector company Indian Oil Corporation Limited (IOCL) on Thursday posted an 83 per cent year-on-year (YoY) jump in consolidated net profit for the April–June quarter (Q1) of FY26. Net profit for Q1 FY26 came in at Rs 6,808.12 crore, up from Rs 3,722.63 crore in the same quarter previous fiscal (Q1 FY25), according to its stock exchange filing. However, the figure was lower than the Rs 8,367.63 crore profit recorded in the March 2025 quarter. Revenue from operations rose just 0.9 per cent year-on-year (YoY) to Rs 2,21,849.02 crore from Rs 2,19,864.34 crore a year ago. Total expenses of the company in the first quarter were Rs 2,14,830.24 crore, compared to Rs 2,16,125.54 crore in year-ago period. The major contributors to the company's expenses were the cost of materials consumed at Rs 1,09,450.8 crore, purchases of stock-in-trade at Rs 47,904.81 crore, excise duty at Rs 29,508.37 crore and other expenses at Rs 13,031.67 crore. Operating performance was stronger, with earnings before interest, tax, depreciation and amortisation (EBITDA) rising 32.5 per cent to Rs 13,850.66 crore from Rs 10,452.51 crore in the same period previous financial year. Operating margin improved to 4.61 per cent from 2.91 per cent a year earlier, though it slipped from 4.96 per cent in the previous quarter, the firm stated in its regulatory filing. Despite the sharp annual profit growth, IOC's share price fell after the results. The stock touched the day's low of Rs 140 on the Bombay Stock Exchange (BSE), down 1.65 per cent from its previous close of Rs 142.40. IOC shares have gained 19.49 per cent in the past six months but are still down 14 per cent over the last year.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store