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Mutual funds continue buying in equities
Sunday, June 3, 2007
Domestic mutual funds (MFs) were net buyers on Thursday, 31 May 2007. They bought shares worth a net Rs 65.20 crore compared to a net inflow of Rs 354.70 crore on 30 May 2007.
MFs made gross purchases worth Rs 1046 crore, while their gross sales aggregated Rs 980.80 crore on that day.
So far for the month (till 30 May), MFs were net buyers of Rs 1783.09 crore in the Indian equity market.
Mutual funds had pumped Rs 9062.34 crore into the Indian equity market in the financial year ended March 2007.
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Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.
