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Thursday, March 26, 2015

Mutual funds turn sellers

Net outflow of Rs 392.90 crore on 24 March 2015

Mutual funds sold shares worth a net Rs 392.90 crore on Tuesday, 24 March 2015, compared with inflow of Rs 74.30 crore during the preceding trading session on 23 March 2015. 

The net outflow of Rs 392.90 crore on 24 March 2015 was a result of gross purchases of Rs 938.80 crore and gross sales of Rs 1331.70 crore. On that day, the S&P BSE Sensex fell 30.30 points or 0.11% to settle at 28,161.72, its lowest closing level since 16 January 2015. 

Mutual funds have bought shares worth a net Rs 1903.70 crore in this month so far (till 24 March 2015). They had bought shares worth Rs 4309.20 crore last month. 
 
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