Friday, December 29, 2006

Mutual Funds On Buying Mode

Mutual funds were reported net buyers of equities worth Rs 361.12 crore on 26 December 2006. This was an outcome of gross purchases worth Rs 674.25 crore and gross sales to the tune of Rs 313.13 crore.

The BSE Sensex had surged 237 points, to settle at 13,708.34 on that day. Domestic funds have invested a net Rs 368.72 crore in equities during December (to 26 December 2006).

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