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Tuesday, June 02, 2015

Mutual funds continue selling

Net sales of Rs 145.80 crore on 1 June 2015

Mutual funds sold shares worth Rs 145.80 crore yesterday, 1 June 2015, compared with their net inflow of Rs 444.10 crore during the previous trading session on 29 May 2015. 

The net outflow of Rs 145.80 crore on 1 June 2015 was a result of gross purchases of Rs 798.90 crore and gross sales of Rs 944.70 crore. The S&P BSE Sensex had risen 20.55 points or 0.07% to settle at 27,848.99 on that day, its highest closing level since 22 May 2015. 

Mutual funds have purchased shares worth a net Rs 4176.70 crore in May 2015. They had bought shares worth a net Rs 9243.90 crore last month. 
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