Mutual funds step up buying

22 Oct 2008 | 17:47




Mutual funds step up buying


Mutual
funds (MFs) bought shares worth a net Rs 602.20 crore on Tuesday, 21
October 2008, much higher than Rs 206.40 crore on Monday, 20 October
2008.

MFs' net inflow of Rs 602.20 crore on 21 October 2008 was
a result of gross purchases Rs 970.30 crore and gross sales Rs 368.10
crore. The BSE Sensex rose 460.30 points or 4.5% to 10,683.39 on that
day.

MFs were net buyers of shares worth Rs 691.40 crore in this month, till 21 October 2008.

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