Most-bought and most-sold stocks by MFs in September

SBI MF, in particular, took major interest in IndiGo and cornered shares worth Rs 800 crore alone

The markets went through a volatile period in September with the Nifty climbing to a record high on September 18 and then coming off over three per cent. The fall in the market was on the back of concerns surrounding an economic slowdown and global risk-off created by the US Federal Reserve’s decision to trim its balance sheet. Equity fund managers remained cautious in their stock selection. Two new listings — ICICI Lombard General Insurance and SBI Life Insurance — were the most lapped-up counters as fund managers used their piling corpus of cash. Put together, they pumped in over