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Thursday, May 21, 2015

Mutual funds extend buying

Net purchases of Rs 169.90 crore on 20 May 2015

Mutual funds bought shares worth Rs 169.90 crore yesterday, 20 May 2015, compared with their net inflow of Rs 59.60 crore during the preceding trading session on Tuesday, 19 May 2015. 

The net inflow of Rs 169.90 crore on 20 May 2015 was a result of gross purchases of Rs 939.40 crore and gross sales of Rs 769.50 crore. The S&P BSE Sensex rose 191.68 points or 0.69% to settle at 27,837.21, its highest closing level since 22 April 2015. 

Mutual funds have purchased shares worth a net Rs 2690.10 crore in this month so far (till 20 May 2015). They had bought shares worth a net Rs 9243.90 crore last month. 
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