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Friday, May 01, 2015

Mutual funds continue buying of equities

Net purchases of Rs 613.80 crore on 29 April 2015

Mutual funds bought shares worth a net Rs 613.80 crore yesterday, 29 April 2015, compared with their purchases of Rs 1555.70 crore during the preceding trading session on 28 April 2015. 

The net inflow of Rs 613.80 crore on 29 April 2015 was a result of gross purchases of Rs 1229.90 crore and gross sales of Rs 616.10 crore. The S&P BSE Sensex had declined 170.45 points or 0.62% to settle 27,225.93 on that day, its lowest closing level since 27 April 2015. 

Mutual funds have purchased shares worth a net Rs 7618.40 crore in this month so far (till 29 April 2015). They had bought shares worth a net Rs 3940.30 crore last month.
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