Thursday, November 20, 2008

During A Volatile Session On MF Sold Shares - Nov 20, 2008

During a volatile session on 18th Nov'08 mutual funds (MFs) sold shares worth a net Rs 45 crore, which is much lower than Rs 375.70 crore on 17 Nov 2008. Further, MFs' net outflow of Rs 45 crore was a result of gross purchases Rs 324.80 crore and gross sales Rs 369.80 crore on 18 Nov 2008. The BSE Sensex slipped 353.81 points, or 3.81%, to 8,937.20 on that day. MFs were net sellers of shares worth Rs 1352.40 crore in this month, till 18 Nov 2008.

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