Mutual funds significantly increased their holdings in IndiGo, India's largest airline, during December, acquiring an additional 1.2 crore shares, according to calculations by Nuvama. This substantial purchase represents a value of approximately Rs 5,800 crore.

Data indicates that mutual funds held 8 crore IndiGo shares at the end of December, a notable increase from the 6.8 crore shares they held at the close of November. This trend suggests growing confidence in the airline's performance and future prospects.

Beyond IndiGo, mutual funds also made purchases in other companies including Swiggy and ITC. However, the IndiGo transaction stood out due to its size and value. Conversely, prominent companies like Infosys, Vedanta, and Bajaj Finance experienced selling pressure from mutual funds during the same period. The specific details regarding the volume and value of these sales were not detailed in the provided information.

This shift in mutual fund holdings reflects broader market dynamics and investor sentiment regarding various sectors of the Indian economy. Further analysis of fund flows and investment strategies may provide additional insights into these trends.