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Tuesday, September 29, 2009

Mutual funds continue selling

Sales worth Rs 107.10 crore on 25 September 2009

Mutual funds (MFs) sold shares worth a net Rs 107.10 crore on Friday, 25 September 2009, much lower than Rs 797.20 crore on Thursday, 24 September 2009.

MFs' net sales of Rs 107.10 crore on 25 September 2009 was a result of gross purchases Rs 581.40 crore and gross sales Rs 688.50 crore. The BSE Sensex fell 88.43 points or 0.53% to 16693 on that day.

MFs sold shares worth a net Rs 2241 crore in September 2009 (till 24 September 2009). MFs had bought shares worth a net Rs 570.30 crore in August 2009.

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