Thursday, August 19, 2010

Mutual funds dump equities worth Rs 1432 crore in August

Mutual funds offloaded shares worth a net Rs 169.90 crore on Tuesday, 17 August 2010, lower than Rs 334 crore on Monday, 16 August 2010.

The net outflow of Rs 169.90 crore on 17 August 2010 was a result of gross purchases Rs 565.40 crore and gross sales Rs 735.30 crore. The key benchmark indices ended almost unchanged in range bound trade on that day.

Mutual funds have sold shares worth a net Rs 1432.20 crore this month so far, till 17 August 2010. Mutual funds had dumped shares worth a net Rs 4405.30 crore in July 2010.

Source: http://www.apollosindhoori.cmlinks.com/MutualFund/MFSnapShot.aspx?opt=9&SecId=10&SubSecId=22,24# 


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