Domestic mutual funds (MFs) continue to sell equities for the second consecutive trading session on 8 March 2007, after buying continuously for two days. MFs began March 2007 with consecutive two days of selling. On 8 March 2007, MFs sold shares worth Rs 39.76 crore compared with Wednesday's (7 March 2007) sales of Rs 379.56 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 617.99 crore, their gross purchases aggregating Rs 578.23 crore on Thursday. The 30-share BSE Sensex vaulted 469.60 points (3.7%), to 13,049.35, on that day. MFs net inflow from April 2006 - March 2007, up to 8 March 2007, stands at Rs 10364.64 crore.
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