Mutual funds' net outflow in equities totals Rs 467 crore in four days

Mutual funds (MFs) offloaded shares worth Rs 33.10 crore on Thursday, 14 June 2007. They had sold shares worth a net Rs 69.70 crore on Wednesday 13 June 2007. Mutual funds' net outflow of Rs 33.10 crore on 14 June 2007 was a result of gross purchases of Rs 372.70 crore and gross sales Rs 405.80 crore. The Sensex registered a 200.69-point rally to settle at 14,203.72 on that day.

Mutual fund sold shares worth Rs 467.4 crore in the four trading sessions from 11 June 2007 to 14 June 2007. Mutual funds' outflow in the first nine trading sessions this month aggregated Rs 172.49 crore, till 14 June 2007. They had pumped in Rs 9062.34 crore in Indian equity market in the financial year ended March 2007.