Saturday, February 23, 2008

Mutual Funds On Selling Mode

Mutual funds (MFs) sold shares worth a net Rs 191.30 crore on 20 February 2008, compared to their selling of Rs 326.80 crore on 19 February 2008. MFs' net outflow of Rs 191.30 crore on 20 February 2008 was a result of gross purchases of Rs 523.70 crore and gross sales Rs 715 crore. The 30-share BSE Sensex was down 458.06 points or 2.53% at 17,617.60 on that day. MFs were net sellers of shares worth Rs 730.70 crore in this month, till 20 February 2008.

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