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Thursday, August 20, 2009

Mutual funds in selling mode

Sales worth Rs 190.10 crore on 19 August 2009

Mutual funds (MFs) sold shares worth a net Rs 190.10 crore on Wednesday, 19 August 2009, as against an inflow of Rs 136.10 crore on Tuesday, 18 August 2009.

MFs' net outflow of Rs 190.10 crore on 19 August 2009 was a result of gross purchases Rs 453.10 crore and gross sales Rs 643.20 crore. The BSE Sensex lost 225.62 points or 1.5% at 14,809.64 on that day.

MFs sold shares worth a net Rs 810.70 in August 2009 (till 19 August 2009). MFs had bought shares worth a net Rs 1825.50 crore in July 2009.

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