On 16 January 2009, mutual funds (MFs) purchased shares worth a net Rs 285 crore, as against an outflow of Rs 237.50 crore on 15 January 2009. MFs' net inflow of Rs 285 crore was a result of gross purchases Rs 610.70 crore and gross sales Rs 325.70 crore. The BSE Sensex gained 276.85 points or 3.06% to 9,323.59 on that day. MFs were net seller of shares worth Rs 1,824.30 crore in this month, till 16 January 2009.
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