Mutual funds (MFs) sold shares worth a net Rs 271.90 crore on Friday, 18 January 2008, compared to their buying of Rs 460.90 crore on Thursday, 17 January 2008.
MFs net outflow of Rs 271.90 crore on 18 January 2008 was a result of gross purchases of Rs 1076.80 crore and gross sales Rs 1348.70 crore. The 30-share BSE Sensex fell 687.12 points or 3.49% to 19,013.70 on that day.
MFs were net buyers of shares worth Rs 257.40 crore in this month, till 18 January 2008.
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