Mutual Fund India: Mutual funds step up selling

Saturday, July 24, 2010

Mutual funds step up selling

Mutual funds (MFs) sold shares worth a net Rs 298.10 crore on Thursday, 22 July 2010, higher than Rs 201.20 crore on Wednesday, 21 July 2010.

The net outflow of Rs 298.10 crore on 22 July 2010 was a result of gross purchases Rs 596.30 crore and gross sales Rs 894.40 crore. The BSE Sensex surged 135.92 points or 0.76% to 18,113.15 on that day.

MFs sold shares worth net Rs 2276.60 crore in July 2010 (till 22 July 2010). Mutual funds had sold equities worth a net Rs 1093.10 crore in June 2010.

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

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Mutual Fund India

Saturday, July 24, 2010

Mutual funds step up selling

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