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Wednesday, July 29, 2009

Mutual funds resume buying

Purchases worth Rs 132.50 crore on 28 July 2009

Mutual funds (MFs) bought shares worth a net Rs 132.50 crore on Tuesday, 28 July 2009, as against an outflow of Rs 176.80 crore on Monday, 27 July 2009.

MFs' net inflow of Rs 132.50 crore on 28 July 2009 was a result of gross purchases Rs 1022.30 crore and gross sales Rs 889.80 crore. The BSE Sensex lost 43.10 points or 0.28% to 15,331.94 on that day.

MFs bought shares worth a net Rs 1496 crore in July 2009 (till 28 July 2009). Mutual funds had bought stocks worth Rs 839.30 crore in June 2009.

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