Friday, August 21, 2009

Mutual funds in selling mode


Date : Aug-21-2009



Against an inflow of Rs 136.10 crore on 18 August 2009, mutual funds (MFs) sold shares worth a net Rs 190.10 crore on 19 August 2009 while MFs' net outflow of Rs 190.10 crore on 19 August 2009 was a result of gross purchases Rs 453.10 crore and gross sales Rs 643.20 crore moreover, the BSE Sensex lost 225.62 points or 1.5% at 14,809.64 on that day. Additionally, MFs sold shares worth a net Rs 810.70 in August 2009 whereas MFs had bought shares worth a net Rs 1825.50 crore in July 2009

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