Mutual Funds Turn Sellers

Domestic mutual funds (MFs) were net sellers of equities on Tuesday (17 April 2007). MFs sold shares worth Rs 251.10 compared with Monday’s (16 April 2007) purchases of Rs 204.90 crore. MFs made gross sales worth Rs 781.20 crore, their gross sales aggregating Rs 530.10 crore on Monday. The 30-share BSE Sensex settled 82.54 points lower, at 13,613.04 on that day.