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Mutual Fund News
Jul 25 2008 5:28PM
Mutual funds in selling mode

Mutual funds (MFs) sold shares worth a net Rs 485.30 crore on Thursday 24 July 2008 compared to their buying of Rs 334.50 crore on Wednesday, 23 July 2008.

MFs net outflow of Rs 485.30 crore on Thursday 24 July 2008 was a result of gross purchases Rs 796.30 crore and gross sales Rs 1281.60 crore. Sensex lost 165.27 points or 1.11% at 14,777.01 on that day.

MFs were net buyers of shares worth Rs 397.20 crore in this month, till 24 July 2008.

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