Thursday, August 30, 2007

Mutual Funds Continue Buying

Mutual funds (MFs) bought shares worth Rs 45.90 crore on Tuesday, 28 August 2007. They had bought shares worth a net Rs 345.40 crore on Monday, 27 August 2007.

Mutual funds' net inflow of Rs 45.90 crore on 28 August 2007 was a result of gross purchases of Rs 480.80 crore and gross sales of Rs 434.90 crore. The BSE 30-share Sensex gained 76.81 points or 0.52% at 14,919.19 on that day.

Mutual funds bought shares worth Rs 2,915.60 crore in the month of August 2007, till 28 August 2007. Mutual funds sold equities worth Rs 900.60 crore in the month of July 2007.

Mutual funds had pumped in Rs 9062.34 crore in Indian equity market in the financial year ended March 2007.

Source : www.indian-commodity.com

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