Mutual funds (MFs) sold shares worth a net Rs 142.70 crore on Thursday, 2 June 2011, compared with an inflow of Rs 26.40 crore on Wednesday, 1 June 2011.
The net outflow of Rs 142.70 crore on 2 June 2011 was a result of gross purchases Rs 464.30 crore and gross sales Rs 607.10 crore. The BSE Sensex had lost 114.63 points or 0.62% to settle at 18,494.18 on that day.
MFs sold shares worth a net Rs 116.30 crore in the first two trading sessions in June 2011.
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'I made my money by selling too soon.'
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