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Tuesday, August 11, 2009

Mutual funds continue selling

Sales worth Rs 217.90 crore on 10 August 2009

Mutual funds (MFs) sold shares worth a net Rs 217.90 crore on Monday, 10 August 2009, lower than Rs 276.30 crore on Friday, 7 August 2009.

MFs' net outflow of Rs 217.90 crore on 10 August 2009 was a result of gross purchases Rs 652.50 crore and gross sales Rs 870.40 crore. The BSE Sensex lost 150.47 points or 0.99% at 15,009.77 on that day.

MFs sold shares worth a net Rs 514.90 in August 2009 (till 10 August 2009). MFs had bought shares worth a net Rs 1825.50 crore in July 2009.

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