Saturday, March 29, 2008

Mutual Funds Continue Selling

Mutual funds (MFs) sold shares worth a net Rs 52.10 crore on Thursday, 27 March 2008, compared to their selling of Rs 431 crore on Wednesday, 26 March 2008.

MFs’ net outflow of Rs 52.10 crore on 27 March 2008 was a result of gross purchases of Rs 1238 crore and gross sales Rs 1290.10 crore. The 30-share BSE Sensex fell 71.27 points or 0.44% at 16,015.56 on that day.

MFs were net sellers of shares worth Rs 2,225.10 crore in this month, till 27 March 2008.

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