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Tuesday, June 30, 2015

Mutual funds step up buying

Net purchases of Rs 1039.80 crore on 29 June 2015

Mutual funds bought shares worth a net Rs 1039.80 crore yesterday, 29 June 2015, higher than net inflow of Rs 621.30 crore during the previous trading session on Friday, 26 June 2015. 

The net inflow of Rs 1039.80 crore on 29 June 2015 was a result of gross purchases of Rs 1526.30 crore and gross sales of Rs 486.40 crore. The S&P BSE Sensex dropped 166.69 points or 0.6% to settle at 27,645.15 on that day, its lowest closing level since 19 June 2015. 

Mutual funds have bought shares worth a net Rs 9447.60 crore in this month so far (till 29 June 2015). They have purchased shares worth a net Rs 4176.70 crore last month. 
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