Mutual Funds Turn Sellers In Equities

Mutual funds sold shares worth a net Rs 179.30 crore on Tuesday, 11 September 2007, compared to their buying worth Rs 10.10 crore on Monday, 10 September 2007. Mutual funds' net outflow of Rs 179.30 crore on 11 September 2007, was a result of gross purchases Rs 464.70 crore and gross sales Rs 644 crore. The BSE 30-share Sensex shed 54.06 points or 0.35% at 15,542.77 on that day. Mutual funds' net outflow totaled Rs 3.19 crore this month till 11 September 2007. Mutual funds bought shares worth a net Rs 4093.90 crore in August 2007.