Sunday, January 28, 2007

Mutual Funds In Selling Mood

Mutual Funds (MF) were net sellers as they sold shares worth a net Rs 351.07 crore on 24 January 2007 compared to Wednesday’s (23 January) sales of Rs 537.14 crore. MFs made gross sales worth Rs 770.34 crore and their gross purchases aggregated 419.27 crore on Thursday (24 January 2007). The 30-share BSE Sensex gained 69.22 points (0.49%), to settle at 14,110.46 on 24 January 2007
MF net outflow for January 2007, till 24 January, stood at Rs 1090.56 crore. The figures from April 2006-January 2007 of the current financial year 2006-07 is an inflow worth Rs 11229.54 crore.

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