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15 Feb 2018 18:10
Mutual funds in selling mode

Mutual funds have sold stocks worth a net Rs 138.88 crore on 14 February 2018, compared with net inflow of Rs 1705.65 crore on 12 February 2018. The stock market was shut on 13 February 2018 for a public holiday.

The net outflow of Rs 138.88 crore on 14 February 2018 was a result of gross purchases of Rs 2578.77 crore and gross sales of Rs 2717.65 crore. On 14 February 2018, the Sensex had fallen 144.52 points or 0.42% to settle at 34,155.95, its lowest closing level since 9 February 2018.

Mutual funds have purchased shares worth a net Rs 5351.96 crore in February 2018 (till 14 February 2018). They had purchased shares worth a net Rs 9023.16 crore in January 2018.

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