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Wednesday, October 14, 2015

Mutual funds continue selling

Net outflow of Rs 86.40 crore on 13 October 2015

Mutual funds sold shares worth a net Rs 86.40 crore on Tuesday, 13 October 2015, as compared with net outflow of Rs 15.40 crore on Monday, 12 October 2015. 

The net outflow of Rs 86.40 crore on 13 October 2015 was a result of gross purchases of Rs 531.50 crore and gross sales of Rs 617.90 crore. The Sensex dropped 57.58 points or 0.21% to settle at 26,846.53 on that day, its lowest closing level since 8 October 2015. 

Mutual funds have purchased shares worth a net Rs 641.19 crore in this month so far (till 13 October 2015). They had bought shares worth a net Rs 9320.20 crore in September 2015. 
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