Trade in Indian equity markets was lackluster in the month of December given the holiday season, which led to low participation. Sectors that attracted investors attention included metals as US and China were on verge of signing a trade deal.
Cement companies managed to be in focus due to seasonal pick up in construction activity and expectation of high infrastructural projects by government.
Let us look at the top mutual fund picks and exits in December 2019.
Large Cap
On a consolidated basis in large cap stocks, HDFC AMC, Ambuja Cements, DLF, Maruti Suzuki India and Nestle India witnessed the highest buying during December, shows an ICICI Direct report.
Meanwhile, L&T Finance Holdings, Indiabulls Housing Finance, L&T Infotech, SBI Life Insurance Company and YES Bank saw the highest selling.
|
|
Shares in lakh |
|
|
|
Top 10 buys in Large cap |
Nov |
Dec |
Increase in number of shares |
|
HDFC AMC |
228 |
407 |
179 |
|
Ambuja Cements |
2019 |
2138 |
119 |
|
DLF |
713 |
811 |
98 |
|
Maruti Suzuki India |
12171 |
13332 |
1161 |
|
Nestle India |
5330 |
5853 |
523 |
|
United Breweries |
2180 |
2363 |
183 |
|
Ultratech Cement |
7520 |
7645 |
125 |
|
Godrej Consumer Products |
751 |
757 |
6 |
|
Bosch |
707 |
718 |
11 |
|
Titan Company |
5018 |
5383 |
365 |
|
Shares in lakh |
|||
|
Top 10 sells in Large cap |
Nov |
Dec |
Decline in number of shares |
|
|
|
|
|
|
L&T Finance Holdings |
282 |
189 |
93 |
|
Indiabulls Housing Finance |
71 |
56 |
15 |
|
L&T Infotech |
1880 |
1573 |
307 |
|
SBI Life Insurance Company |
4819 |
4221 |
598 |
|
YES Bank |
1191 |
725 |
466 |
|
Berger Paints India |
525 |
495 |
30 |
|
Tata Motors |
3968 |
4198 |
(-)230 |
|
Tata Consultancy Services |
22055 |
21868 |
187 |
|
JSW Steel |
1461 |
1423 |
38 |
|
Bharti Infratel |
702 |
605 |
97 |
Source: ICICI Direct Research
Mid Cap
On a consolidated basis in mid cap stocks, Quess Corp, RBL Bank, Crompton Greaves Consumer Electricals, Motilal Oswal Financial Services and Escorts saw the highest buying during December. Meanwhile, stocks of Shriram Transport Finance, Dish TV India, National Aluminum Company, Union Bank of India and NBCC were sold the most by AMCs.
|
Shares in lakh |
|||
|
Top 10 buys in Mid cap |
Nov |
Dec |
Increase in number of shares |
|
|
|
|
|
|
Quess Corp |
392 |
820 |
428 |
|
RBL Bank |
2972 |
3452 |
480 |
|
Crompton Greaves Consumer Electricals |
3192 |
3773 |
581 |
|
Motilal Oswal Financial Services |
284 |
346 |
62 |
|
Escorts |
438 |
501 |
63 |
|
GMR Infrastructure |
184 |
204 |
20 |
|
Glenmark Pharmaceuticals |
348 |
400 |
52 |
|
Mindtree |
441 |
559 |
118 |
|
Gujarat Gas |
763 |
941 |
178 |
|
M&M Financial Services |
2361 |
2385 |
24 |
|
Shares on lakh |
|||
|
Top 10 sells in Mid cap |
Nov |
Dec |
Decline in number of shares |
|
|
|
|
|
|
Shriram Transport Finance |
906 |
642 |
264 |
|
Dish TV India |
79 |
64 |
15 |
|
NALCO |
932 |
780 |
152 |
|
Union Bank of India |
609 |
452 |
157 |
|
NBCC |
353 |
286 |
67 |
|
Jindal Steel & Power |
1416 |
1358 |
58 |
|
L&T Technology Services |
629 |
575 |
54 |
|
Indian Bank |
471 |
347 |
124 |
|
Future Retail |
1062 |
1009 |
53 |
|
Future Consumer |
107 |
82 |
25 |
Source: ICICI Direct Research
Small Cap
In the small cap space, Can Fin Homes, Essel Propack, Suprajit Engineering, Welspun Corp and Narayana Hrudayala witnessed highest buying while Federal Mogul Goetze, Tata Elxsi, NIIT, Jamna Auto Industries and Mahanagar Gas saw the highest selling, shows an ICICI Direct report.
|
Shares in lakh |
|||
|
Top 10 buys in Small cap |
Nov |
Dec |
Increase in number of shares |
|
|
|
|
|
|
Can Fin Homes |
277 |
344 |
67 |
|
Essel propack |
53 |
76 |
23 |
|
Suprajit Engineering |
79 |
109 |
30 |
|
Welspun Corp |
120 |
152 |
32 |
|
Narayana Hrudayala |
298 |
366 |
68 |
|
La Opala RG |
113 |
137 |
24 |
|
TeamLease Services |
300 |
350 |
50 |
|
Delta Corp |
296 |
315 |
19 |
|
Balrampur Chini Mills |
237 |
330 |
93 |
|
V-Mart Retail |
292 |
312 |
20 |
|
Shares in lakh |
|||
|
Top 10 sells in Small cap |
Nov |
Dec |
Decline in number of shares |
|
|
|
|
|
|
Federal Mogul Goetze |
56 |
26 |
30 |
|
Tata Elxsi |
7 |
5 |
2 |
|
NIIT |
254 |
194 |
60 |
|
Jamna Auto Industries |
237 |
191 |
46 |
|
Mahanagar Gas |
87 |
75 |
12 |
|
Suven Life Sciences |
29 |
26 |
3 |
|
Star Cement |
343 |
311 |
32 |
|
Blue Dart Express |
5 |
4 |
1 |
|
Just Dial |
67 |
63 |
4 |
|
Lakshmi Maschine Works |
4 |
4 |
0 |
Source: ICICI Direct Research
Note: Large caps, mid-caps and small caps as defined by AMFI. Stocks above Rs.50 crore holding were considered.
