Stock Market News: The stock market has disappointed investors a lot during the festive season of October and November. Due to the massive selling in these two months, the portfolios of millions of investors have turned from green to red. At such a time, everyone is selling their shares. Famous market expert, Warren Buffett says that when people start getting scared in the market, they become greedy, that is, whenever there is selling in the market, start buying. Investors may not believe this, but mutual fund houses follow it very much. We are saying this because when the market was falling in October, big fund houses started buying heavily.

According to a Money Control report, domestic mutual funds have made heavy purchases in blue-chip stocks. According to data from the National Securities Depository Limited (NSDL), foreign institutional investors (FIIs) sold shares worth more than Rs 94,000 crore in October, while MFs bought shares worth more than Rs 92,000 crore in the equity market. Let us tell you which shares mutual funds have bought in this market decline.

45000 crore rupees invested in 15 stocks

Mutual funds bought Rs 45,000 crore worth of Nifty's top 15 stocks. The highest amount was seen in Mahindra & Mahindra stocks. Fund houses also bought stocks of HDFC Bank, Axis Bank, ICICI Bank and State Bank of India, Bajaj Auto, L&T, Zomato, IndusInd Bank, TCS, Maruti Suzuki India, Bharti Airtel, Ambuja Cement and Eicher Motors.

Mutual funds invested Rs 6,840 crore in the shares of Mahindra & Mahindra. The special thing is that in the second quarter, the company's shares saw a decline of 12 percent. Fund houses saw an inflow of Rs 5,756 crore in HDFC Bank, Rs 4,115 crore, and Rs 3,897 crore in Axis Bank and ICICI Bank respectively.