Thursday, August 14, 2008

Mutual Funds In Selling Mode - Aug 14 , 2008

Mutual funds (MFs) sold shares worth a net Rs 266 crore on Tuesday, 12 August 2008, compared to their buying of Rs 454.80 crore on Monday, 11 August 2008. MFs' net outflow of Rs 266 crore on 12 August 2008 was a result of gross purchases Rs 617.40 crore and gross sales Rs 883.40 crore. The 30-share BSE Sensex fell 291.79 points or 1.88% to 15,212.13 on that day. MFs were net sellers of shares worth Rs 228.60 crore in this month, till 12 August 2008.

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