Monday, June 9, 2008

Mutual Funds Step Up Buying - June 9, 2008

Mutual funds (MFs) bought shares worth a net Rs 546.90 crore on 5 June 2008 compared to their buying of Rs 202 crore on Wednesday, 4 June 2008. MFs' net inflow of Rs 546.90 crore on Thursday 5 June 2008 was a result of gross purchases Rs 1271.20 crore and gross sales Rs 724.30 crore. Sensex rose 254.93 points or 1.64% at 15,769.72 on that day. MFs were net buyers of shares worth Rs 707.80 crore in this month, till 5 June 2008.

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