Tuesday, September 11, 2007

Mutual Funds Turn Sellers In Equities

Mutual funds sold shares worth a net Rs 187.80 crore on Friday, 7 September 2007, compared to their buying worth Rs 45.20 crore on Thursday, 6 September 2007.

Mutual funds' net outflow of Rs 187.80 crore on 7 September 2007, was a result of gross purchases Rs 487.10 crore and gross sales Rs 675 crore. The BSE 30-share Sensex declined 25.89 points or 0.17% at 15,590.42 on that day.

Mutual funds' net inflow totaled Rs 165.90 crore in first five trading session of this month till 7 September 2007. Mutual funds bought shares worth a net Rs 4093.90 crore in August 2007.

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