Thursday, February 14, 2008

Mutual Funds Continue Selling

Mutual funds (MFs) sold shares worth a net Rs 98.40 crore on Tuesday, 12 February 2008, compared to their selling of Rs 570.80 crore on Monday, 11 February 2008. MFs' net outflow of Rs 98.40 crore on 12 February 2008 was a result of gross purchases of Rs 720.80 crore and gross sales Rs 819.20 crore. The 30-share BSE Sensex fell 22.90 points or 0.14% at 16,608.01 on that day. MFs were net sellers of shares worth Rs 631.90 crore in this month, till 12 February 2008.

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