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Wednesday, August 26, 2009

Mutual funds continue buying

Equity purchases worth Rs 423 crore on 25 August 2009

Mutual funds (MFs) bought shares worth a net Rs 423 crore on Tuesday, 25 August 2009, slightly higher than Rs 416.10 crore on Monday, 24 August 2009.

MFs' net inflow of Rs 423 crore on 25 August 2009 was a result of gross purchases Rs 1043.50 crore and gross sales Rs 620.50 crore. The BSE Sensex rose 59.72 points or 0.38% to 15,688.47 on that day.

MFs bought shares worth a net Rs 491.50 in August 2009 (till 25 August 2009). MFs had bought shares worth a net Rs 1825.50 crore in July 2009.

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