Mutual funds sold shares worth a net Rs 89.80 crore yesterday, 4 November 2015, as compared with net inflow of Rs 352.40 crore on 3 November 2015.
The net outflow of Rs 89.80 crore on 4 November 2015 was a result of gross purchases of Rs 685 crore and gross sales of Rs 774.80 crore. On that day, the Sensex fell 37.67 points or 0.14% to settle at 26,552.92, its lowest closing level since 1 October 2015.
Mutual funds have purchased shares worth a net Rs 429.80 crore in this month so far (till 4 November 2015). They had bought shares worth a net Rs 2935.40 crore in October 2015.