Mutual funds (MFs) bought shares worth a net Rs 688.70 crore on Friday, 29 May 2009, sharply higher than Rs 104.70 crore on Thursday, 28 May 2009.
MFs' net inflow of Rs 688.70 crore on 29 May 2009 was a result of gross purchases Rs 1748.20 crore and gross sales Rs 1059.50 crore. The BSE Sensex surged 329.24 points or 2.3% to 14,625.25 on that day.
MFs were net buyer of shares worth Rs 2,291.30 crore in May 2009.