Thursday, July 10, 2008

Mutual Funds Step Up Buying - July 10, 2008

Mutual funds (MFs) bought shares worth a net Rs 227 crore on 8 July 2008 compared to their buying of Rs 44.20 crore on Monday, 7 July 2008. MFs' net inflow of Rs 227 crore on Tuesday 8 July 2008 was a result of gross purchases Rs 600.30 crore and gross sales Rs 373.30 crore. Sensex lost 176.34 points or 1.3% at 13,349.65 on that day. MFs were net buyers of shares worth Rs 553 crore in this month, till 8 July 2008.

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