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Thursday, July 16, 2009

Mutual funds continue buying

Purchases worth Rs 249 crore on 15 July 2009

Mutual funds (MFs) bought shares worth a net Rs 249 crore on Wednesday, 15 July 2009, slightly higher than Rs 222.60 crore on Tuesday, 14 July 2009.

MFs' net inflow of Rs 249 crore on 15 July 2009 was a result of gross purchases Rs 932.20 crore and gross sales Rs 683.20 crore. The BSE Sensex surged 399.54 points or 2.88% at 14,253.24 on that day.

MFs bought shares worth a net Rs 229.80 crore in July 2009 (till 15 July 2009). Mutual funds had purchased stocks worth Rs 839.30 crore in June 2009.

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