Thursday, January 10, 2008

Mutual Funds On Buying Spree

Mutual funds (MFs) purchaged shares worth a net Rs 30 crore on 7 January 2008, compared to their buying of Rs 616.60 crore on Friday, 4 January 2008. MFs' net inflow of Rs 30 crore on 7 January 2008 was a result of gross purchases of Rs 1187.10 crore and gross sales Rs 1157.10 crore. The 30-share BSE Sensex rose 125.76 points or 0.61% to 20,812.65, a record closing high, on that day. MFs were net buyers of shares worth Rs 1615.39 crore this month, till 7 January 2008.

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