Mutual funds (MFs) bought shares worth a net Rs 30 crore on Wednesday, 8 February 2012, compared with outflow of Rs 281 crore on Tuesday, 7 February 2012.
The net inflow of Rs 30 crore on 8 February 2012 was a result of gross purchases Rs 716.90 crore and gross sales Rs 687 crore. The BSE Sensex had risen 84.87 points or 0.48% to settle at 17,707.32 on that day, its highest closing level since 28 October 2011.
Mutual funds have sold shares worth Rs 478.80 crore in February 2012 so far (till 8 February 2012). They had sold shares worth Rs 1858.40 crore in January 2012.