Tuesday, May 25, 2010

Mutual funds in buying mode

Inflow of Rs 287.60 crore on 21 May 2010 

Mutual funds (MFs) bought shares worth a net Rs 287.60 crore on Friday, 21 May 2010, lower than Rs 462.40 crore on Thursday, 20 May 2010. 

The net inflow of Rs 287.60 crore on 21 May 2010 was a result of gross purchases Rs 1071.60 crore and gross sales Rs 784 crore. The BSE Sensex fell 74.07 points or 0.45% to 16,445.61 on that day. 

MFs sold shares worth net Rs 498.10 crore in May 2010 (till 21 May 2010). MFs had sold shares worth net Rs 1410.40 crore in April 2010.