Tuesday, February 26, 2008

Mutual Funds Continue Selling

Mutual funds (MFs) sold shares worth a net Rs 163.60 crore on Friday, 22 February 2008, compared to their selling of Rs 226.80 crore on Thursday, 21 February 2008.

MFs’ net outflow of Rs 163.60 crore on 22 February 2008 was a result of gross purchases of Rs 327.30 crore and gross sales Rs 490.90 crore. The 30-share BSE Sensex was down 385.61 points or 2.17% to 17,349.07 on that day.

MFs were net sellers of shares worth Rs 1121.10 crore in this month, till 22 February 2008.

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