Mutual Funds In Buying Mode In Equities

Mutual funds (MFs) bought shares worth Rs 15 crore on Thursday, 26 July 2007. They had bought shares worth a net Rs 51.60 crore on Wednesday, 25 July 2007. Mutual funds' net inflow of Rs 15 crore on 26 July 2007 was a result of gross purchases of Rs 1009.4 crore and gross sales of Rs 994.4 crore. The BSE 30-share Sensex rose 76.98 points to 15,776.31on that day. Mutual funds sold equities worth Rs 1,847.59 crore in the month of July, till 26 July 2007. Mutual funds had pumped in Rs 9062.34 crore in Indian equity market in the financial year ended March 2007.