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Friday, November 16, 2007

Mutual Funds In Buying Mode In Equities

Mutual funds (MFs) bought shares worth a net Rs 483 crore on 14 November 2007, compared to their selling of Rs 12.80 crore on 13 November 2007. MFs' net inflow of Rs 483 crore on 14 November 2007 was a result of gross purchases of Rs 1185.20 crore and gross sales Rs 702.20 crore. The 30-shares BSE Sensex ended up 893.58 points or 4.69% to 19,929.06 on that day, recording its biggest ever single day rise in absolute terms. MFs were net sellers of shares worth Rs 35.19 crore this month, till 14 November 2007.
Posted by Indian-commodity at 12:22 PM

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