Domestic mutual funds (MFs) were net sellers of equities for the third consecutive trading session on Wednesday (28 March 2007). MFs sold shares worth Rs 206.79 compared with Monday (26 March 2007) sales of Rs 295.26 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 690.69 crore, their gross purchase aggregating Rs 483.90 crore on Wednesday. The 30-share BSE Sensex settled with a loss of 239.98 points (1.83%), to 12,884.34 on that day.
MFs net inflow from April 2006 - March 2007, up to 28 March 2007, stands at Rs 8962.81 crore, while they bought shares worth Rs 14302.20 crore during April 2005-March 2006 period.
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