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Stocks to buy: 14 stocks where MFs raised stakes by over 1% in Q3 amid selloff


Synopsis
Out of the around 800-odd companies that have reported their shareholding patterns for the December quarter so far, only 64 have seen a rise in MF holdings.
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Mutual funds sold stocks worth some Rs 71,000 crore in the third quarter of the current financial year.
NEW DELHI: Mutual funds were seen buying over 1 per cent stake in at least 14 BSE-listed firms during the December quarter, even as they sold stocks worth some Rs 71,000 crore.
Out of the around 800-odd companies that have reported their shareholding patterns for the December quarter so far, only 64 have seen a rise in MF holdings. Domestic funds sold stocks worth Rs 26,427.83 crore in December, Rs 30,760 crore in November and Rs 14,492 crore in October, Sebi’s monthly bulletin showed. ....

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