Mutual Funds Sell Equities Worth Rs 104.96 Cr

Domestic mutual funds (MFs) are seen selling equities on 3 April 2007. MFs sold shares worth Rs 104.96 compared with Tuesday (3 April 2007) purchases of Rs 63.30 crore. Last month, out of 21 trading sessions, MFs were net sellers of equities for 13 days, and net buyers for 8 days in March 2007. MFs made gross sales worth Rs 384.30 crore, their gross purchase aggregating Rs 279.34 crore on Tuesday. The 30-share BSE Sensex rose 169.21 points (1.36%), to end at 12,624.58 on that day.