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Monday, August 31, 2009

Mutual funds' buying in equities slows down

Purchases worth Rs 16.80 crore on 27 August 2009

Mutual funds (MFs) bought shares worth a net Rs 16.80 crore on Thursday, 27 August 2009, lower than Rs 83.90 crore on Wednesday, 26 August 2009.

MFs' net inflow of Rs 16.80 crore on 27 August 2009 was a result of gross purchases Rs 1297 crore and gross sales Rs 1280.20 crore. The BSE Sensex rose up 11.22 points or 0.07% to 15,781.07 on that day.

MFs bought shares worth a net Rs 592.10 crore in August 2009 (till 27 August 2009). MFs had bought shares worth a net Rs 1825.50 crore in July 2009.

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