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Friday, July 18, 2014

Mutual funds in buying mode

Net inflow of Rs 343.20 crore on 17 July 2014

Mutual funds bought shares worth a net Rs 343.20 crore on Thursday, 17 July 2014, compared with net inflow of Rs 392.80 crore on Wednesday, 16 July 2014. 

The net inflow of Rs 343.20 crore on 17 July 2014 was a result of gross purchases of Rs 942.50 crore and gross sales of Rs 599.40 crore. The S&P BSE Sensex had garnered 11.44 points or 0.04% to settle at 25,561.16 on that day, its highest closing level since 8 July 2014. 

Mutual funds have bought shares worth a net Rs 1753 crore in this month so far (till 17 July 2014). Mutual funds bought shares worth a net Rs 3339.60 crore last month.
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