Mutual funds (MFs) sold shares worth Rs 20 crore on Wednesday, 4 July 2012, lower than outflow of Rs 184.80 crore on Tuesday, 3 July 2012.
The net outflow of Rs 20 crore on Wednesday, 4 July 2012, was a result of gross purchases Rs 572.60 crore and gross sales Rs 592.60 crore. The BSE Sensex had advanced 37.10 points or 0.21% to settle at 17,462.81 on that day, its highest closing level since 19 April 2012.
Mutual funds have sold shares worth net Rs 426.50 crore in July 2012 so far (till 4 July 2012). Mutual funds bought shares worth net Rs 295.50 crore in June 2012. They had sold shares worth net Rs 397.80 crore in May 2012.
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