Mutual funds sold shares worth a net Rs 165.60 crore on Monday, 12 January 2015, compared with net inflow of Rs 197.10 crore on Friday, 9 January 2015.
The net outflow of Rs 165.60 crore on 12 January 2015 was a result of gross purchases of Rs 571.30 crore and gross sales of Rs 737 crore. The Sensex advanced 126.89 points or 0.46% to settle at 27,585.27 on that day, its highest closing level since 5 January 2015.
Mutual funds have bought shares worth Rs 1077.10 crore in this month so far (till 12 January 2015). Mutual funds had bought shares worth Rs 7036.90 crore in December 2014.
