Reliance Industries shares are now biggest in the MTF book after 60% jump in a single session – CNBC TV18

Shares of Mukesh Ambani-owned Reliance Industries Ltd. (RIL) have now become ones with the biggest exposure in the Margin Trading Facility (MTF) book, following its biggest single-day gain in six years on Monday, November 2, according to latest data from the National Stock Exchange (NSE).

Data available as of closing on November 2 shows the exposure for Reliance Industries surging to ₹4,711 crore, which is a 60% jump from the ₹2,937 crore figure reported as of closing on October 30.

With this, Reliance Industries has dethroned HDFC Bank from the top of the MTF book, a position it occupied for many months. India's largest private lender is now a distant second in the MTF book, with its leveraged exposure slipping below the ₹3,000 crore mark to ₹2,991 crore as of November 2.

The latest data shows the overall MTF book size to be ₹1.45 lakh crore, of which, the concentration among top 10 stocks at ₹19,442 crore. Within the top 10 names, Reliance Industries has a 24% share, after the jump seen on Monday.

Shares of Reliance Industries gained nearly 12% on Monday, November 2, in response to their September quarter results, that not only surpassed estimates, but were strong…

Original source: https://www.cnbctv18.com/entertainment/