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Wednesday, July 15, 2009

Mutual funds in buying mode

Purchases worth Rs 222.60 crore on 14 July 2009

Mutual funds (MFs) bought shares worth a net Rs 222.60 crore on Tuesday, 14 July 2009, as against an outflow of Rs 79.40 on Monday, 13 July 2009.

MFs' net inflow of Rs 222.60 crore on 14 July 2009 was a result of gross purchases Rs 807.40 crore and gross sales Rs 584.80 crore. The BSE Sensex jumped 453.38 points or 3.38% to 13,853.70 on that day.

MFs sold shares worth a net Rs 19.10 crore in July 2009 (till 14 July 2009). Mutual funds had bought stocks worth Rs 839.30 crore in June 2009.

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