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Friday, August 21, 2009

Mutual funds in buying mode

Purchases worth Rs 336.90 crore on 20 August 2009

Mutual funds (MFs) bought shares worth a net Rs 336.90 crore on Thursday, 20 August 2009, as against an outflow of Rs 191.90 crore on Wednesday, 19 August 2009.

MFs' net inflow of Rs 336.90 crore on 20 August 2009 was a result of gross purchases Rs 897.30 crore and gross sales Rs 560.40 crore. The BSE Sensex gained 202.68 points or 1.37% to 15,012.32 on that day.

MFs sold shares worth a net Rs 475.50 in August 2009 (till 20 August 2009). MFs had bought shares worth a net Rs 1825.50 crore in July 2009.

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