SBI Mutual Funds increased its weightage in information technology, banking & financial services and metals & mining space, while decreased its exposure in engineering & capital goods, utilities and oil & gas space.
Shree Renuka Sugars, Gammon Infrastructure and KCP were the top buys, while Praj Industries, Balrampur Chini and Orient Paper were the top sells.
A study of the SBI Mutual Funds portfolio for the month of December 2010 showed that in the information technology pack, the fund bought Infosys Technologies, TCS and HCL Technologies. It also introduced Zee Learn and Geometric. But it sold Redington, Wipro and Educomp Solutions in the same space. (View - All Bulk Deals by Mutual Funds).
In the banking & financial services sector, it purchased ICICI Bank, SBI and Shriram Transport. It also introduced YES Bank, ING Vysya Bank and Canara Bank. However, it sold Kotak Mahindra Bank, India Infoline and Power Finance Corp in the same space.
The fund introduced MOIL and bought Hindalco Industries, Sterlite Industries and Hindustan Zinc in the metals & mining segment, while it sold Tata Steel, Usha Martin and SAIL in the same space. It also exited Welspun Corp and Tata Sponge Iron. (Check out - Which sectors are attracting Fund Managers?).
The selling was seen in the engineering & capital goods space, where it sold BHEL, Crompton Greaves and Thermax. It also exited Emco and BGR Energy Systems from the portfolio. However, it purchased Greaves Cotton, TIL and SKF India.
In the utilities sector, it sold Reliance Infrastructure, NTPC and Reliance Power. But it purchased Tata Power, Power Grid and NHPC in the same space.
The fund sold ONGC, HPCL and IOC in the oil & gas space, while bought Reliance Industries, Oil India and GAIL India.
Table of Stocks bought/ sold by SBI Mutual Funds...contd on Page 2
For more Mutual Fund Action in Market click here _PAGEBREAK_
Note - The number of shares has been calculated based on the closing price of the stocks on the BSE/NSE as on the portfolio date for Nov-Dec 2010.
| Company Name | Shares Bought | Stock | Shares Sold | |
| Shree Renuka Sugars | 3,375,280 | Praj Industries | 2,273,079 | |
| Gammon Infrastructure | 2,144,800 | Balrampur Chini Mills | 2,200,888 | |
| KCP | 1,651,416 | Orient Paper and Industries | 1,898,270 | |
| Voltas | 1,457,621 | NTPC | 1,729,276 | |
| ICICI Bank | 1,175,818 | Hindustan Construction Co. | 1,495,177 | |
| Greaves Cotton | 1,166,280 | Suzlon Energy | 1,382,170 | |
| Zee Learn | 872,321 | Allcargo Global Logistics | 1,114,342 | |
| MOIL | 847,524 | India Infoline | 1,093,845 | |
| Hindalco Industries | 768,829 | Tata Steel | 945,161 | |
| YES BANK | 700,923 | Redington (India) | 925,782 | |
| Jaiprakash Associates | 465,269 | Glenmark Pharma | 673,479 | |
| Gayatri Bioorganics | 460,049 | Chambal Fertilisers | 664,914 | |
| State Bank of India | 433,140 | SpiceJet | 592,056 | |
| Dhanlaxmi Bank | 323,706 | United Phosphorous | 516,658 | |
| Amara Raja Batteries | 319,351 | Jubilant Life Sciences | 478,602 | |
| Cadila Healthcare | 301,834 | Steel Authority of India | 477,027 | |
| Infosys Technologies | 293,241 | Kotak Mahindra Bank | 445,167 | |
| Power Grid Corporation | 287,462 | Indian Oil Corporation | 407,780 | |
| McDowell Holdings | 284,170 | Electrosteel Castings | 404,279 | |
| Coal India | 249,022 | Jagran Prakashan | 371,113 | |
| Sun Pharmaceutical | 241,116 | ONGC | 353,542 | |
| FDC | 223,406 | Welspun Projects | 344,055 | |
| Goodyear India | 217,518 | Reliance Infrastructure | 337,594 | |
| Whirlpool of India. | 210,403 | Max India | 330,128 | |
| Hindustan Unilever | 209,012 | GMDC | 317,078 | |
| Nagarjuna Construction | 187,602 | Power Finance Corporation | 271,344 | |
| Tata Consultancy Services | 184,584 | HPCL | 252,395 | |
| Zee Entertainment Enter | 179,027 | Bharat Heavy Electricals | 244,604 | |
| ITC | 171,686 | PTC India | 223,869 | |
| KPIT Cummins Infosystems | 163,053 | Tata Communications | 212,077 | |
| Cipla | 160,063 | Thermax | 200,762 | |
| ING Vysya Bank | 149,979 | Tata Global Beverage | 193,571 | |
| Piramal Healthcare | 148,419 | Castrol India | 189,522 | |
| IndusInd Bank | 147,427 | Tata Sponge Iron | 170,323 | |
| Agre Developers | 139,120 | Welspun Corp | 154,161 | |
| Royal Orchid Hotels | 131,201 | Wipro | 149,484 | |
| Shriram Transport Finance | 126,031 | Mahindra and Mahindra | 135,554 | |
| Manappuram General Fin. | 110,163 | IVRCL Infrastructure | 122,913 | |
| HCL Technologies | 109,462 | Opto Circuits India | 113,316 | |
| TIL | 109,426 | Bharti Airtel | 112,371 | |
| Simplex Infrastructures | 104,518 | Consolidated Construction | 108,426 | |
| Oil India | 100,444 | M & M Financial Services | 107,292 | |
| Gujarat State Fertilizers | 98,783 | Shanthi Gears | 106,479 | |
| Hawkins Cooker | 97,092 | Reliance Power | 105,814 | |
| Geometric | 96,332 | Apar Industries | 103,983 | |
| Aries Agro | 93,830 | BGR Energy Systems | 90,154 | |
| SKF India | 83,187 | Cox & Kings | 88,119 | |
| Canara Bank | 80,079 | Unichem Laboratories | 83,695 | |
| Dabur India | 70,063 | Bank Of India | 79,883 | |
| Texmaco | 63,033 | Tata Motors | 77,011 | |
| Sayaji Hotels | 57,344 | Indian Hotels Company | 76,767 | |
| Torrent Pharmaceuticals | 56,679 | Maruti Suzuki India | 69,618 | |
| HeidelbergCement India | 51,966 | Godrej Properties | 67,687 | |
| Engineers India | 50,294 | Mahindra Forgings | 66,948 | |
| Blue Dart Express | 47,149 | BPCL | 66,835 | |
| Agro Tech Foods | 45,353 | UTV Software Comm. | 62,052 | |
| Sagar Cements | 44,816 | Godawari Power & Ispat | 61,879 | |
| Larsen and Toubro | 38,640 | Punjab National Bank | 59,686 | |
| Ipca Laboratories | 38,459 | Dredging Corporation | 58,140 | |
| Ballarpur Industries | 20,072 | Kesoram Industries | 56,334 | |
| Television Eighteen | 19,785 | Nitesh Estates | 55,515 | |
| Page Industries | 16,117 | Hexaware Technologies | 54,582 | |
| HDFC Bank | 16,107 | Hindustan Zinc | 49,543 | |
| NHPC | 15,748 | Persistent Systems | 48,912 | |
| BL Kashyap & Sons | 12,731 | Reliance Industries | 41,265 | |
| Nilkamal | 10,706 | Hathway Cable | 40,748 | |
| Indiabulls Real Estate | 10,037 | JK Tyre and Industries | 35,220 | |
| CESC | 7,642 | BEML | 31,898 | |
| Sobha Developers | 7,638 | Dish TV | 31,249 | |
| Va Tech Wabag | 6,924 | Container Corporation | 30,758 | |
| Apollo Tyres | 6,297 | PVR | 30,114 | |
| Birla Corporation | 4,967 | Infotech Enterprises | 28,438 | |
| Siemens | 4,624 | Usha Martin | 28,124 | |
| Vardhman Textiles | 4,390 | Reliance Communications | 26,745 | |
| Akzo Nobel India | 3,140 | Camson Bio Technologies | 25,323 | |
| IDFC | 2,890 | Emco | 24,490 | |
| Swaraj Engines | 2,859 | Wockhardt | 23,065 | |
| Radico Khaitan | 2,856 | Jubilant Foodworks | 22,050 | |
| Oracle Financial Services | 2,727 | Pantaloon Retail | 20,938 | |
| Grasim Industries | 2,663 | Dr Reddys Laboratories | 20,735 | |
| Phillips Carbon Black | 2,529 | Bajaj Holdings & Investment | 20,138 | |
| Asian Paints | 2,339 | Crompton Greaves | 16,341 | |
| Shasun Chemicals | 2,092 | Transformers and Rectifiers | 12,936 | |
| Carborundum Universal | 1,884 | Tamil Nadu Newsprint | 11,242 | |
| Pidilite Industries | 1,737 | NIIT | 11,116 | |
| Merck | 1,619 | India Cements | 11,060 | |
| Gujarat Apollo Industries | 1,588 | Sterlite Industries (India) | 10,853 | |
| Gammon India | 1,471 | Educomp Solutions | 9,452 | |
| Mangalam Cement | 1,457 | Vimta Labs | 9,415 | |
| Blue Star | 1,427 | IBN18 Broadcast | 9,129 | |
| Chola Investment and Fin | 1,320 | Financial Technologies | 8,285 | |
| Gujarat Alkalies | 1,214 | Century Textiles | 8,120 | |
| Ranbaxy Laboratories | 676 | United Spirits | 7,548 | |
| Karnataka Bank | 520 | Stride Arcolab | 7,160 | |
| Ambuja Cements | 507 | Axis Bank | 6,185 | |
| State Bank of Mysore | 362 | Eveready Industries India | 5,478 | |
| JHS Svendgaard Lab. | 347 | GNVFC | 5,000 | |
| Mphasis | 340 | Dishman Pharmaceuticals | 4,842 | |
| Prestige Estates Projects | 285 | Orbit Corporation | 4,538 | |
| Cairn India | 245 | Mahindra Lifespace Dev. | 4,012 | |
| Maharashtra Seamless | 235 | Gujarat Pipavav Port | 3,986 | |
| Sesa Goa | 224 | United Breweries | 3,773 | |
| DLF | 211 | Prism Cement | 3,606 | |
| Shree Cements | 169 | JMC Projects (India) | 3,578 | |
| UltraTech Cement | 144 | Lupin | 3,469 | |
| Bajaj Corp | 142 | Polaris Software Lab | 3,447 | |
| Petronet LNG Ltd | 138 | Deepak Fertilizers | 3,185 | |
| HDFC | 133 | Gateway Distriparks | 3,128 | |
| Aditya Birla Nuvo | 116 | Bosch | 3,065 | |
| Sasken Communication | 2,984 | |||
| Bharat Electronics | 2,964 | |||
| KRBL | 2,890 | |||
| Motherson Sumi Systems | 2,857 | |||
| Union Bank of India | 2,811 | |||
| GAIL India | 2,708 | |||
| Rural Electrification | 2,504 | |||
| Tata Power Company | 2,449 | |||
| Cummins India | 2,400 | |||
| ICRA | 2,237 | |||
| Divis Laboratories | 1,857 | |||
| Mcnally Bharat Engineering | 1,759 | |||
| Oriental Bank of Commerce | 1,659 | |||
| GMR Infrastructure | 1,657 | |||
| Hitachi Home & Life | 1,602 | |||
| ILandFS Transportation | 1,573 | |||
| Navneet Publications | 1,556 | |||
| Elecon Engineering Co. | 1,364 | |||
| Shoppers Stop | 1,341 | |||
| Great Eastern Shipping | 1,283 | |||
| Hero Honda Motors | 1,224 | |||
| Bombay Dyeing | 1,175 | |||
| MindTree | 1,165 | |||
| GlaxoSmithKline Consumer | 1,151 | |||
| Chennai Petroleum Corpn. | 1,073 | |||
| Nagarjuna Agrichem | 1,065 | |||
| Jyoti Structures | 1,065 | |||
| Kalpataru Power Trans. | 999 | |||
| Sundaram Finance | 836 | |||
| Jindal Steel & Power | 722 | |||
| Wyeth | 665 | |||
| Federal Bank | 653 | |||
| Trent | 645 | |||
| Tata Chemicals | 605 | |||
| Sintex India | 566 | |||
| Nestle India | 398 | |||
| Bharat Bijlee | 326 | |||
| GVK Power & Infrastructure | 248 | |||
| Sun TV Network | 245 | |||
| CMC | 219 | |||
| Zydus Wellness | 123 |
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