Wednesday, September 12, 2007

Mutual Funds Resume Buying Equities

Mutual funds bought shares worth a net Rs 9.20 crore on Monday, 10 September 2007, compared to their sales worth Rs 187.60 crore on Friday, 7 September 2007. Mutual funds' net inflow of Rs 9.20 crore on 10 September 2007, was a result of gross purchases Rs 536.20 crore and gross sales Rs 527.10 crore. The BSE 30-share Sensex rose 6.41 points or 0.04% at 15,596.83 on that day. Mutual funds' net inflow totaled Rs 175.20 crore in first six trading session of this month till 10 September 2007. Mutual funds bought shares worth a net Rs 4093.90 crore in August 2007.

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