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Thursday, January 22, 2015

Mutual funds extend sales

Net outflow of Rs 226.40 crore on 21 January 2015

Mutual funds sold shares worth a net Rs 226.40 crore on Wednesday, 21 January 2015, compared with net outflow of Rs 36.90 crore on Tuesday, 20 January 2015. 

The net outflow of Rs 226.40 crore on 21 January 2015 was a result of gross purchases of Rs 908.50 crore and gross sales of Rs 1134.80 crore. The S&P BSE Sensex garnered 104.19 points or 0.36% to settle at 28,888.86 on that day, a record closing high for the index. 

Mutual funds have bought shares worth Rs 1574.80 crore in this month so far (till 21 January 2015). Mutual funds had bought shares worth Rs 7036.90 crore in December 2014. 
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