Mutual funds in buying mode

Mutual funds (MFs) bought shares worth a net Rs 123.50 crore on Monday, 10 May 2010, as against an outflow of Rs 13.70 crore on Friday, 7 May 2010.

The net inflow of Rs 123.50 crore on 10 May 2010 was a result of gross purchases Rs 825.60 crore and gross sales Rs 702.10 crore. The BSE Sensex surged 561.44 points or 3.35% to 17,330.55 on that day.

MFs sold shares worth net Rs 549.20 crore in May 2010 (till 10 May 2010). MFs had sold shares worth net Rs 1410.40 crore in April 2010.

Source: http://www.apollosindhoori.cmlinks.com/MutualFund/MFSnapShot.aspx?opt=9&SecId=10&SubSecId=22,24