Monday, February 22, 2010

Mutual funds continue selling

Outflow worth Rs 148.10 crore on 19 February 2010 

Mutual funds (MFs) sold shares worth a net Rs 148.10 crore on Friday, 19 February 2010, slightly higher than Rs 133 crore on Thursday, 18 February 2010.

The net outflow of Rs 148.10 crore on 19 February 2010 was a result of gross purchases Rs 618.50 crore and gross sales Rs 766.60 crore. The BSE Sensex fell 136.21 points or 0.83% to 16,191.63 on that day.

MFs sold shares worth net Rs 303 crore in February 2010 (till 19 February 2010). MFs sold shares worth net Rs 1311.30 crore in January 2010.