Domestic mutual funds (MFs) were net sellers of equities for the fourth consecutive trading session on Thursday (29 March 2007). MFs sold shares worth Rs 60.01 compared with Wednesday (28 March 2007) sales of Rs 206.79 crore.
Last month, out of 19 trading sessions, MFs were net sellers of equities for eight days, and net buyers for 11 days in February 2007.
MFs made gross sales worth Rs 582.14 crore, their gross purchase aggregating Rs 422.13 crore on Thursday. The 30-share BSE Sensex settled 95.32 points (0.74%) higher, at 12,979.66 on that day.
MFs net inflow from April 2006 - March 2007, up to 29 March 2007, stands at Rs 8902.78 crore, while they bought shares worth Rs 14302.20 crore during April 2005-March 2006 period.
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