Metals were among the most sold stocks while FMCG tried to provide some support. It was apparent that the market had gone defensive as names like HUL and Asian Paints were in heavy demand. Some IT stocks also generated investor interest.
Fund managers lapped up falling shares of Britannia Industries with both hands. Their holding in the biscuit maker rose 18.3 per cent in terms of the number of shares held but advanced only 10.9 per cent in value terms. The scrip was down 6 per cent for the month. It was the fifth-worst Nifty50 performer in the period.