Around 10 companies witnessed the highest selling by mutual funds in March, according to a press release by Prime database. Here is the detailed list.
Agencies
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Persistent Systems
Mutual funds sold around 1.82 crore shares of Persistent Systems in March taking the total number of shares to 1.61 crore against 3.43 crore shares in December. This net selling was worth Rs 7,426 crore.
ETMarkets.com
Mutual Funds sold 5.32 crore shares of ICICI Bank in March taking the total number of shares to 167.89 crore. The number of shares in December was 173.22 crore shares. This net selling was worth Rs 5,555 crore.
Agencies
Mutual Funds sold 11.52 crore shares of NTPC. The number of shares in March was recorded at 174.08 crore shares against 185.60 crore shares in December. This net selling was worth Rs 3,743 crore.
Around 2.90 crore shares of Tata Motors were sold by mutual funds taking the total number of shares to 31.56 crore in March. The number of shares in December was 34.47 crore. This net selling was worth Rs 2,675 crore.
Agencies
Around 1.72 crore shares of Sun Pharma were sold by mutual funds. The total number of shares recorded in March was 29.30 crore against 31.02 crore in December. This net selling was worth Rs 2,585 crore.
Agencies
7/11
Infosys shares drop 3% on Q4 miss. Should you buy, sell or hold?
Mutual funds sold 1.37 crore shares of Infosys in March. The total number of shares recorded in March was 66.49 crore against 67.87 crore in December. This net selling was worth Rs 2,206 crore.
Agencies
Mutual funds sold 21.60 crore shares of NHPC in March taking total shares to 60.43 crore. The number of shares in December was 82.04 crore. This net selling was worth Rs 1,919 crore.
ETMarkets.com
Around 15.28 crore shares of PNB were sold in March by mutual funds taking the total number of shares to 37.72 crore. The number of shares in December was 53.01 crore. This net selling was worth Rs 1,776 crore.
Agencies
Around 44.55 lakh shares of Sundaram Finance were sold by mutual funds. The total number of shares in March was 1.01 crore against 1.46 crore in December. This net selling was worth Rs 1,739 crore.
IANS
Around 7.25 crore shares were sold of NMDC taking the total shares to 18.36 crore in March. The number of shares in December was 25.61 crore. This net selling was worth Rs 1,619 crore.
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