Mutual funds continue buying

Mutual funds (MFs) bought shares worth a net Rs 44.60 crore on Thursday, 16 June 2011, compared with an inflow 2.10 crore on Wednesday, 15 June 2011.

The net inflow of Rs 44.60 crore on 16 June 2011 was a result of gross purchases Rs 596 crore and gross sales Rs 551.40 crore. The BSE Sensex had fallen 146.36 points or 0.81% to 17,985.88 on that day.

Mutual funds have sold shares worth a net Rs 14.60 crore this month so far (till 16 June 2011). They had bought stocks worth a net Rs 434.70 crore last month.

Source: http://www.adityabirlamoney.com/news/485760/10/22,24/Mutual-Funds-Reports/Mutual-funds-continue-buying

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