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Friday, January 09, 2015

Mutual funds extend buying

Net inflow of Rs 254.70 crore on 8 January 2015

Mutual funds bought shares worth a net Rs 254.70 crore on 8 January 2015, compared with their net inflow of Rs 6.40 crore during the preceding trading session on 7 January 2015. 

The net inflow of Rs 254.70 crore on 8 January 2015 was a result of gross purchases of Rs 1184.70 crore and gross sales of Rs 930 crore. On that day, the S&P BSE Sensex gained 365.89 points or 1.36% to settle at 27,274.71, its highest closing level since 5 January 2015 

Mutual funds have bought shares worth Rs 1045.60 crore in this month so far (till 8 January 2015). Mutual funds had bought shares worth Rs 7036.90 crore in December 2014. 
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