Key Points
In December, when equities rallied the most in more than a year, Zomato, Tata Steel, Tata Power, Axis Bank, and GAIL India were the top five largecap stocks shopped by mutual funds...
MF holding in Zomato increased by a sharp 71 million shares month-on-month (MoM) in December, according to a report by PhillipCapital..
Shares of the online food delivery aggregator have rallied nearly 19% since December...
In the midcap segment, the three stocks bought heavily by mutual funds last month were Vodafone Idea, GMR Airports, and Steel Authority of India...
Last month, GQG Partners, which made big bucks through its contra bet on Adani Group stocks, bought a 4.7% stake in GMR Airports through the open market. The stock has rallied over 48% since December...
