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Friday, July 17, 2009

Mutual funds in buying mode

Purchases worth Rs 146.50 crore on 16 July 2009

Mutual funds (MFs) bought shares worth a net Rs 146.50 crore on Thursday, 16 July 2009, lower than Rs 247.30 crore on Wednesday, 15 July 2009.

MFs' net inflow of Rs 146.50 crore on 16 July 2009 was a result of gross purchases Rs 939.50 crore and gross sales Rs 793 crore. The BSE Sensex fell 2.99 points or 0.02% at 14,250.25 on that day.

MFs bought shares worth a net Rs 374.70 crore in July 2009 (till 16 July 2009). Mutual funds had bought stocks worth Rs 839.30 crore in June 2009.

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