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Net inflows into equity mutual funds were strong at more than Rs 8,200 crore in March despite a sharp rebound in the market from the demonetisation lows in December last year. Most-bought and most-sold shares by money managers make an interesting read, given the sharp run-up in stock prices and lofty valuations. Aluminum manufacturer Hindalco Industries emerged as the most-bought stock, with equity MFs pumping in Rs 1,941 crore in it. Consumer-oriented stocks such as ITC and Avenue Supermarts too saw healthy buying. Other top picks included Indian Oil, HDFC Bank, ICICI Bank, and State Bank of India.
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