March 2020: Stocks witnessing selling pressure

March 2020: Stocks witnessing selling pressure

Henil Shah
/ Categories: Mutual Fund, MF Unlocked

In our last update, we had listed top five stocks that attracted fund managers in the month of March 2020. Now, let us have a look at the top five stocks that witnessed a lot of selling from the fund managers.

Stock Name

Sector

Classification

Month

Net Qty Sold

Approx. Sell Value (In crore)

Power Grid Corporation Of India Ltd

Energy

Large-Cap

March-20

6,69,45,496

1,140.08

Asian Paints Ltd

Chemicals

Large-Cap

March -20

47,90,914

830.07

Tata Motors Ltd

Automobile & Ancillaries

Large-Cap

March -20

3,65,04,957

365.12

Larsen & Toubro Ltd

Infrastructure

Large-Cap

March -20

35,75,186

356.81

Colgate-Palmolive (India) Ltd

FMCG

Large-Cap

March -20

24,77,079

314.30

 

 

This time in the month of March 2020, the top five stocks that the fund managers sold are majorly from the energy sector.

If we look purely sector-wise then, the energy sector seems to be on the top with an approximate sell value of Rs 1,540.13 crore, followed by financials and chemicals sector with an approximate sell value of Rs 1,384.37 crore and Rs 1,342.16 crore, respectively.

Now, if we take a look market cap-wise, then this time around, large-cap witnessed the highest selling with an approximate sell value of Rs 4,942.33 crore, followed by mid-cap and small-cap with an approximate sell value of Rs 3,288.14 crore and Rs 1,134.95 crore, respectively.

The intention of the above analysis is only for the purpose of understanding the activity of mutual funds and gauging the fund managers’ approach and it in no means a recommendation to buy or sell. It is always advisable to have financial plan in place, which must be followed with discipline and investments in mutual funds being made to be based on your individual risk assessment.

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