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Thursday, May 29, 2014

Mutual funds continue buying

Net inflow of Rs 66.40 crore on 28 May 2014

Mutual funds (MFs) bought shares worth a net Rs 66.40 crore on Wednesday, 28 May 2014, compared with net inflow of Rs 100 crore on Tuesday, 27 May 2014. 

The net inflow of Rs 66.40 crore on Wednesday, 28 May 2014, was a result of gross purchases of Rs 842.50 crore and gross sales of Rs 776.10 crore. The S&P BSE Sensex had gained 6.58 points or 0.03% to settle at 24,556.09 on that day, its highest closing level since 26 May 2014. 

Mutual funds have sold shares worth a net Rs 502 crore in this month so far (till 28 May 2014)
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