30 stocks that mutual funds bought and sold in December across large, mid & smallcaps
Total outflow in last six months now stands at around Rs 33,000 crore and the profit booking could be a key reason for the same. Sunil Shankar Matkar January 20, 2021 / 02:03 PM IST
Equity mutual funds schemes continued to see the outflow of funds for the sixth consecutive month in December 2020, though foreign inflow resilient. Mutual funds net sold Rs 26,513.74 crore worth of shares, while foreign investors pumped in Rs 53,499.66 crore, the second-largest monthly inflow, as per the Sebi data.
As per Sebi, mutual funds have consistently been net sellers since June last year and they cumulatively offloaded Rs 1.05 lakh crore shares from June 2020 till January 2021.
Entertainment Network (India) has entered into a Brand and Content Licensing arrangement with a Dubai based radio broadcaster - Dolphin Recording Studio LLC (DRS) to use the Company s trademarks and content. DRS operates Hindi/ Urdu language radio station currently branded as Suno FM .
It will now be rebranded as Radio Mirchi / Mirchi on mutually agreeable terms and conditions. Both the parties are in the process of
signing a Long Form Agreement which is expected to be completed by 28 February 2021.
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