Friday, January 25, 2008

Mutual Funds Continue Buying

Mutual funds (MFs) bought shares worth a net Rs 876.90 crore on Wednesday, 23 January 2008, compared to their buying of Rs 1175.80 crore on Tuesday, 22 January 2008. MFs' net inflow of Rs 876.90 crore on 23 January 2008 was a result of gross purchases of Rs 3034.10 crore and gross sales Rs 2157.20 crore. The 30-share BSE Sensex advanced 864.13 points or 5.17% to 17,594.07 on that day. MFs were net buyers of shares worth Rs 4309 crore in this month, till 23 January 2008.

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