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Mutual funds continue selling

Mutual funds (MFs) sold shares worth a net Rs 32.40 crore on Thursday, 14 November 2013, compared with net outflow of Rs 54.20 crore on W...

Mutual funds (MFs) sold shares worth a net Rs 32.40 crore on Thursday, 14 November 2013, compared with net outflow of Rs 54.20 crore on Wednesday, 13 November 2013.

The net outflow of Rs 32.40 crore on Thursday, 14 November 2013, was a result of gross purchases of Rs 382.20 crore and gross sales of Rs 414.60 crore. The S&P BSE Sensex had jumped 205.02 points or 1.02% to settle at 20,399.42 on that day, its highest closing level since 11 November 2013.

Mutual funds have sold shares worth a net Rs 1099.40 crore in November 2013 so far (till 14 November 2013).

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Source : Capital Market