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Thursday, July 31, 2014

Mutual funds extend buying

Net inflow of Rs 890.20 crore on 30 July 2014

Mutual funds bought shares worth a net Rs 890.20 crore on Wednesday, 30 July 2014, higher than net inflow of Rs 293.10 crore on Monday, 28 July 2014. The stock market was closed on Tuesday, 29 July 2014, on account of Ramzan Id. 

The net inflow of Rs 890.20 crore on 30 July 2014 was a result of gross purchases of Rs 2033.20 crore and gross sales of Rs 1143 crore. The S&P BSE Sensex garnered 96.19 points or 0.37% to settle at 26,087.42 on that day, its highest closing level since 25 July 2014. 

Mutual funds have bought shares worth a net Rs 3609.70 crore in this month so far (till 30 July 2014). Mutual funds bought shares worth a net Rs 3339.60 crore last month.
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