Tuesday, October 14, 2008

Mutual Funds In Buying To Compared Outflow - Oct 14, 2008

Mutual funds (MFs) purchased shares worth a net Rs 315.20 crore on Friday, 10 September 2008 as compared to their outflow of Rs 118.50 crore on Wednesday, 8 October 2008. MFs' net inflow of Rs 315.20 crore on 10 October 2008 was a result of gross purchases Rs 1097.10 crore and gross sales Rs 781.90 crore. The BSE Sensex lost 800.51 points or 7.07% to 10,527.86 on that day. MFs were net sellers of shares worth Rs 536 crore in this month, till 10 October 2008.

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