Thursday, October 16, 2008

Mutual Funds In Selling Mode Sold Shares Worth - Oct 16, 2008

Mutual funds (MFs) sold shares worth a net Rs 260.80 crore on Tuesday, 14 September 2008 as compared to their inflow of Rs 520.50 crore on Monday, 13 October 2008. MFs' net outflow of Rs 260.80 crore on 13 October 2008 was a result of gross purchases Rs 541.30 crore and gross sales Rs 802.10 crore. The BSE Sensex rose 174.31 points or 1.54% to 11,483.40 on that day. MFs were net sellers of shares worth Rs 276.40 crore in this month, till 14 October 2008.

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