Mutual Funds In Buying Mode In Equities

Mutual funds (MFs) bought shares worth a net Rs 128.70 crore on Friday, 21 September 2007, compared to their sales worth Rs 233.40 crore on Thursday, 20 September 2007. MFs' inflow of Rs 128.70 crore on 21 September 2007 was a result of gross purchases of Rs 1168.10 crore and gross sales Rs 1039.40 crore. The 30-shares BSE Sensex surged 216.28 points or 1.32% at 16,564.23 on that day. MFs were net buyers of shares worth Rs 96.99 crore this month, till 21 September 2007.