Tuesday, June 12, 2007

MFs were seen buying equities

Mutual funds (MFs) bought shares worth Rs 226.70 crore on 8 June 2007. MFs had sold shares worth a net Rs 42.90 crore on 7 June 2007. Mutual funds' net inflow of Rs 226.70 crore on 8 June 2007 was a result of gross purchases Rs 769.10 crore and gross sales Rs 542.40 crore. The BSE Sensex had lost 122.37 points or 0.86% at 14,063.81 on that day. Mutual funds' net inflow in the first six trading sessions this month aggregated Rs 294.89 crore. They had pumped in Rs 9062.34 crore in Indian equity market in the financial year ended March 2007.

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