Tuesday, September 18, 2007

Mutual Funds Turn Sellers In Equities

Mutual funds sold shares worth a net Rs 215.60 crore on Friday, 14 September 2007, compared to their buying worth Rs 80.10 crore on Thursday, 13 September 2007. Mutual funds' net outflow of Rs 215.60 crore on 14 September 2007, was a result of gross purchases Rs 721.80 crore and gross sales Rs 937.40 crore. The BSE 30-share Sensex slipped 10.64 points or 0.07% at 15,603.80 on that day. Mutual funds' net outflow totaled Rs 65.29 crore this month till 14 September 2007. Mutual funds bought shares worth a net Rs 4093.90 crore in August 2007.

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