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Mutual funds continue buying

Capital Market/ 17:30 , May 21, 2012

Inflow of Rs 77.10 crore on 18 May 2012

Mutual funds (MFs) bought shares worth Rs 77.10 crore on Friday, 18 May 2012, compared with inflow of Rs 105.70 crore on Thursday, 17 May 2012.

The net inflow of Rs 77.10 crore on Friday, 18 May 2012 was a result of gross purchases Rs 483.90 crore and gross sales Rs 406.80 crore. The BSE Sensex had risen 82.27 points or 0.51% to settle at 16,152.75 on that day, its highest closing level since 15 May 2012.

Mutual funds have sold shares worth net Rs 97 crore in May 2012 so far (till 18 May 2012). Mutual funds had sold shares worth Rs 539 crore in April 2012.

 



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