Mutual funds (MFs) sold stocks worth a net Rs 20.20 crore on Friday, 20 January 2017, compared with net inflow of Rs 573.70 crore on 19 January 2017. The net outflow of Rs 20.20 crore on 20 January 2017, was a result of gross purchases of Rs 31.20 crore and gross sales of Rs 51.40 crore. On that day, the Sensex shed 274.10 points or 1% to settle at 27,034.50, its lowest closing level since 10 January 2017.
Mutual funds have bought shares worth a net Rs 3223.30 crore in this month so far (till 20 January 2017). They bought shares worth a net Rs 9178.90 crore in December 2016.