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Saturday, June 13, 2009

Mutual funds continue buying

Purchases worth Rs 298.70 crore on 11 June 2009

Mutual funds (MFs) bought shares worth a net Rs 298.70 crore on Thursday, 11 June 2009, much lower than Rs 942.80 crore on Wednesday, 10 June 2009.

MFs' net inflow of Rs 298.70 crore on 11 June 2009 was a result of gross purchases Rs 1,435.30 crore and gross sales Rs 1,136.60 crore. The BSE Sensex lost 55.34 points, or 0.36%, to 15,411.47 on that day.

MFs were net sellers of shares worth Rs 471.50 crore in June 2009 (till 11 June 2009).

Net inflows into domestic equity mutual funds rose to Rs 1,930 crore in May 2009, the highest in 14 months, and more than twice the amount in the first four months of 2009, according to data from the Association of Mutual Funds in India
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