Mutual Funds Continue Selling In Equities

Mutual funds sold shares worth a net Rs 19 crore on Tuesday,18 September 2007, less than their selling worth Rs 203.60 crore on Monday,17 September 2007. Mutual funds' net outflow of Rs 19 crore on 18 September 2007, was a result of gross purchases Rs 732.70 crore and gross sales of Rs 751.70 crore. The BSE 30-share Sensex advanced up 164.69 points or 1.06% at 15,669.12 on that day. Mutual funds' net outflow totaled Rs 288 crore this month till 18 September 2007. Mutual funds bought shares worth a net Rs 4093.90 crore in August 2007.