Mutual funds (MFs) sold shares worth Rs 112.80 crore on Thursday, 2 February 2012, compared with inflow of Rs 184.50 crore on Wednesday, 1 February 2012.
The net outflow of Rs 112.80 crore on 2 February 2012 was a result of gross purchases Rs 802.70 crore and gross sales Rs 915.50 crore. The BSE Sensex had risen 131.27 points, or 0.76% to settle at 17,431.85 on that day, its highest closing level since 8 November 2011.
Mutual funds have bought shares worth Rs 71.70 crore in February 2012 so far (till 2 February 2012). They had sold shares worth Rs 1858.40 crore in January 2012.
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'I made my money by selling too soon.'
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