Mutual funds (MFs) bought shares worth Rs 105.70 crore on Thursday, 17 May 2012, compared with outflow of Rs 19 crore on Wednesday, 16 May 2012.
The net inflow of Rs 105.70 crore on Thursday, 17 May 2012 was a result of gross purchases Rs 382.40 crore and gross sales Rs 276.70 crore. The BSE Sensex had risen 40.39 points or 0.25% to settle at 16,070.48 on that day, its highest closing level since 15 May 2012.
Mutual funds have sold shares worth net Rs 174.10 crore in May 2012 so far (till 17 May 2012). Mutual funds had sold shares worth Rs 539 crore in April 2012.