Mutual funds (MFs) sold shares worth Rs 332.20 crore on Wednesday 11 July 2007. They had sold shares worth a net Rs 167.80 crore on Tuesday 10 July 2007. Mutual funds' net outflow of Rs 332.20 crore on 11 July 2007 was a result of gross purchases of Rs 607.30 crore and gross sales Rs 939.50 crore. The BSE 30-share lost 99.26 points to 14,910.62 on that day.
Mutual funds sold equities worth Rs 957.20 crore in the first few days of July, till 11 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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