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Saturday, May 16, 2015

Mutual funds turn buyers

Net purchases of Rs 201 crore on 13 May 2015

Mutual funds bought shares worth Rs 201 crore on Wednesday, 13 May 2015, compared with their net sales of Rs 6 crore during the preceding trading session on Tuesday, 12 May 2015. 

The net inflow of Rs 201 crore on 13 May 2015 was a result of gross purchases of Rs 760 crore and gross sales of Rs 559 crore. The S&P BSE Sensex rose 373.62 points or 1.39% to settle at 27,251.10, its highest closing level since 11 May 2015. 

Mutual funds have purchased shares worth a net Rs 1975.60 crore in this month so far (till 13 May 2015). They had bought shares worth a net Rs 9243.90 crore last month. 
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