Thursday, January 8, 2009

Mutual funds in selling mode

Date : Jan-08-2009
On 6 January 2009, mutual funds (MFs) sold shares worth a net Rs 49.70 crore as against an inflow of Rs 185.80 crore on 5 January 2009. MFs' net outflow of Rs 49.70 crore on 6 January 2009 was a result of gross purchases Rs 541.80 crore and gross sales Rs 591.50 crore. The BSE Sensex gained 60.33 points, or 0.59%, to 10,335.93 on that day. MFs were net buyers of shares worth Rs 253.60 crore in this month, till 6 January 2009.

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