Mutual funds sold shares worth a net Rs 3.90 crore on Tuesday, 17 March 2015, compared with inflow of Rs 168.70 crore during the preceding trading session on 16 March 2015.
The net outflow of Rs 3.90 crore on 17 March 2015 was a result of gross purchases of Rs 791.90 crore and gross sales of Rs 795.80 crore. The S&P BSE Sensex rose 298.67 points or 1.05% to settle at 28,736.38 on that day, its highest closing level since 12 March 2015.
Mutual funds have bought shares worth a net Rs 2512.20 crore in this month so far (till 17 March 2015). They had bought shares worth Rs 4309.20 crore last month.