Friday, August 13, 2010

Mutual funds in buying mode

Mutual funds (MFs) bought shares worth a net Rs 114.50 crore on Wednesday, 11 August 2010, as against an outflow of Rs 387.30 crore on Tuesday, 10 August 2010.

The net inflow of Rs 114.50 crore on 11 August 2010 was a result of gross purchases Rs 1054.30 crore and gross sales Rs 939.90 crore. The BSE Sensex fell 149.80 points or 0.82% to 18,070.19 on that day.

MFs sold shares worth net Rs 778.90 crore in August 2010 (till 11 August 2010). Mutual funds had sold equities worth a net Rs 4405.30 crore in July 2010.

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

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