Mutual Funds Step Up Buying

Domestic mutual funds (MFs) were buyers of equities on Tuesday (24 April 2007). MFs bought shares worth Rs 361.10 compared with Tuesday’s (23 April 2007) purchases of Rs 172.30 crore. MFs made gross purchases worth Rs 1142.10 crore, their gross sales aggregating Rs 781.10 crore on Tuesday. The 30-share BSE Sensex jumped 208.39 points (1.5%), to finish at 14,136.72 on that day.