Mutual funds (MFs) sold shares worth Rs 190.70 crore on Monday 9 July 2007. They had bought shares worth a net Rs 28.20 crore on Friday 6 July 2007.
Mutual funds' net outflow of Rs 190.70 crore on 9 July 2007 was a result of gross purchases of Rs 499.80 crore and gross sales Rs 690.40 crore. The Sensex gained 81.61 points, or 0.55%, to 15,045.73, an all-time closing high on that day. Mutual Funds sold equities worth Rs 457.70 crore in the first few days of month of July, till 9 July 2007. Mutual funds had pumped in Rs 9062.34 crore in Indian equity market in the financial year ended March 2007.
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