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Tuesday, August 04, 2015

Mutual funds turn sellers

Net outflow of Rs 81.10 crore on 3 August 2015

Mutual funds sold shares worth a net Rs 81.10 crore yesterday, 3 August 2015, compared with net inflow of Rs 1103.10 crore during the previous trading session on Friday, 31 July 2015. 

The net outflow of Rs 81.10 crore on 3 August 2015 was a result of gross purchases of Rs 954.40 crore and gross sales of Rs 1035.50 crore. On that day, the Sensex rose 72.50 points or 0.26% to settle at 28,187.06, its highest closing level since 23 July 2015. 

Mutual funds have bought shares worth a net Rs 81.10 crore in this month so far (till 3 August 2015). They have purchased shares worth a net Rs 5442.10 crore last month. 
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