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Wednesday, April 29, 2015

Mutual funds' equity purchases surpass Rs 7000 crore in April so far

Massive net purchases of Rs 1555.70 crore on 28 April 2015

Mutual funds bought shares worth a net Rs 1555.70 crore yesterday, 28 April 2015, which was higher than their purchases of Rs 1231.50 crore during the preceding trading session on 27 April 2015. 

The net inflow of Rs 1555.70 crore on 28 April 2015 was a result of gross purchases of Rs 2378.10 crore and gross sales of Rs 822.40 crore. The S&P BSE Sensex had jumped 219.39 points or 0.81% to settle at 27,396.38 on that day, its highest closing level since 24 April 2015. 

Mutual funds have purchased shares worth a net Rs 7004.80 crore in this month so far (till 28 April 2015). They had bought shares worth a net Rs 3940.30 crore last month. 
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