Mutual funds (MFs) bought stocks worth a net Rs 164.10 crore on 30 May 2016, compared with net inflow of Rs 325.70 crore on 27 May 2016. The net inflow of Rs 164.10 crore on 30 May 2016 was a result of gross purchases of Rs 850.40 crore and gross sales of Rs 686.30 crore. On that day, the Sensex rose 72 points or 0.27% to settle at 26,725.60, its highest closing level since 29 October 2015.
Mutual funds have bought shares worth a net Rs 6307.50 crore in May 2016 (so far till 30 May 2016). They sold shares worth a net Rs 575.50 crore last month.
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