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Friday, September 18, 2009

MFs step up buying

Purchases worth Rs 101.70 crore on 17 September 2009

Mutual funds (MFs) bought shares worth a net Rs 101.70 crore on Thursday, 17 September 2009, much higher than Rs 9.80 crore on Wednesday, 16 September 2009.

MFs' net inflow of Rs 101.70 crore on 17 September 2009 was a result of gross purchases Rs 1093.80 crore and gross sales Rs 992.10 crore. The BSE Sensex rose 34.07 points or 0.2% to 16,711.11 on that day.

MFs sold shares worth a net Rs 742.10 crore in September 2009 (till 17 September 2009). MFs had bought shares worth a net Rs 570.30 crore in August 2009.

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