Mutual Funds Turn Sellers

Domestic mutual funds (MFs) were net sellers of equities on Thursday (19 April 2007). MFs sold shares worth Rs 25.80 compared with Wednesday’s (18 April 2007) purchases of Rs 19 crore. MFs made gross sales worth Rs 483.30 crore, their gross purchases aggregating Rs 457.60 crore on Thursday. The 30-share BSE Sensex was down 52.49 points (0.38%), at 13,619.7 on that day.