Mutual Funds In Selling Mode In Equities

Mutual funds sold shares worth a net Rs 203.60 crore on Monday, 17 September 2007, marginally lower than their selling worth Rs 215.60 crore on Friday, 14 September 2007. Mutual funds' net outflow of Rs 215.60 crore on 17 September 2007, was a result of gross purchases Rs 402.90 crore and gross sales of Rs 606.50 crore. The BSE 30-share Sensex lost 99.37 points or 0.64% at 15,504.43 on that day. Mutual funds' net outflow totaled Rs 269 crore this month till 17 September 2007. Mutual funds bought shares worth a net Rs 4093.90 crore in August 2007.