Net inflow of Rs 1423.20 crore on 27 December 2016
Mutual funds (MFs) bought stocks worth a net Rs 1423.20 crore on 27 December 2016, higher than net inflow of Rs 796.50 crore on 26 December 2016. The net inflow of Rs 1423.20 crore on 27 December 2016 was a result of gross purchases of Rs 2023 crore and gross sales of Rs 599.70 crore. On that day, the Sensex jumped 406.34 points or 1.57% to settle at 26,213.44, its highest closing level since 21 December 2016. Mutual funds bought stocks for the eighth straight day.
Mutual funds have bought shares worth a net Rs 6546.90 crore in December 2016 so far (till 27 December 2016). They bought shares worth a net Rs 13610.40 crore last month.
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