Thursday, June 30, 2011

Mutual funds resume buying

Mutual funds (MFs) bought shares worth a net Rs 106.80 crore on Tuesday, 28 June 2011, compared with an outflow of Rs 83.40 crore on Monday, 27 June 2011.

The net inflow of Rs 106.80 crore on 28 June 2011 was a result of gross purchases Rs 657.60 crore and gross sales Rs 550.90 crore. The BSE Sensex had risen 80.04 points or 0.43% to settle at 18,492.45 on that day, its highest closing level since 7 June 2011.

Mutual funds have bought shares worth a net Rs 1062.90 crore this month so far (till 28 June 2011). They had bought stocks worth a net Rs 434.70 crore last month.

Source: http://www.adityabirlamoney.com/news/487787/10/22,24/Mutual-Funds-Reports/Mutual-funds-resume-buying



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