MF participants say corrections in the Indian markets gave some opportunities to enter at a lower level. In November, S&P BSE Sensex went down by 3.8 per cent, while S&P BSE MidCap index declined 2.33 per cent.
MF buying acted as a counterbalance to the sharp outflows by foreign investors, particularly in the previous 6-7 trading sessions, when they have yanked out over ₹25,000 crore amid concerns around the new Covid-19 variant and policy normalisation measures taken by central banks.
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