Friday, July 11, 2008

Mutual Funds Continue Buying Shares - July 11, 2008

Mutual funds (MFs) bought shares worth a net Rs 204.70 crore on 9 July 2008 compared to their buying of Rs 181.70 crore on Tuesday, 8 July 2008. MFs' net inflow of Rs 204.70 crore on Wednesday 9 July 2008 was a result of gross purchases Rs 713.50 crore and gross sales Rs 508.80 crore. Sensex surged 614.61 points or 4.6% at 13,964.26 on that day. MFs were net buyers of shares worth Rs 712.40 crore in this month, till 9 July 2008.

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