Saturday, January 17, 2009

Mutual Funds Step Up Selling - Jan 17, 2009

Mutual funds (MFs) sold shares worth a net Rs 237.50 crore on 15 January 2009, advanced than Rs 155.10 crore on 14 January 2009. MFs' net outflow of Rs 237.50 crore on 15 January 2009 was a result of gross purchases Rs 307.70 crore and gross sales Rs 545.20 crore. The BSE Sensex lost 323.75 points or 3.45% at 9,046.74 on that day. MFs were net seller of shares worth Rs 2,118.70 crore in this month, till 15 January 2009.

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