Mutual funds (MFs) bought shares worth Rs 344.70 crore on Monday, 27 August 2007. They had bought shares worth a net Rs 156.20 crore on Friday, 24 August 2007. Mutual funds' net inflow of Rs 344.70 crore on 27 August 2007 was a result of gross purchases of Rs 946.50 crore and gross sales of Rs 601.80 crore. The Sensex surged 417.51 points or 2.89% at 14,842.38 on that day. Mutual funds bought shares worth Rs 2869 crore in the month of August 2007, till 27 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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