Mutual Funds Continue Buying Equities

Mutual funds (MFs) bought shares worth Rs 142.50 crore on Monday, 3 September 2007. They had bought shares worth a net Rs 463.60 crore on Friday, 31 August 2007. Mutual funds' net inflow of Rs 142.50 crore on 3 September 2007 was a result of gross purchases of Rs 544.80 crore and gross sales of Rs 402.30 crore. The BSE 30-share Sensex rose 103.45 points or 0.68% at 15,422.05 on that day. Mutual funds bought shares worth Rs 4,093.90 crore in the month of 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.