MFs stand as net sellers in equities on August 6 SEBI (09-Aug-2010)
Mutual Funds (MFs) made investments worth Rs 516.10 crore and sold off Rs 839 crore worth of equities on August 6, 2010, according to data released by the Securities and Exchange Board of India (SEBI). Thus, MFs stood as net sellers of Rs 322.80 crore in equities on that day.
In the month of August, MFs have made total investments of Rs 2755 crore and sold off Rs 3385 crore worth of equities, so far.
In the debt segment, MFs made investments of Rs 2430.30 crore and sold off Rs 1363.50 crore on August 6, as per the details available with SEBI. Thus MFs stood as net buyers of Rs 1066.80 crore on that day.
Further, MFs have poured in total Rs 11465.7 crore and have taken out Rs 7176.2 crore in debt market for the month of August, so far.
Top News Today
 Auto major, Mahindra & Mahindra (M&M) is all set to introduce a smaller version of its multi-purpose vehicle Xylo by Diwali this year as it aims to expand its customer base in the country. The company,
 Godrej Properties, Mumbai based real estate developer launched its new residential project Godrej Alpine in Mangalore. It aims to complete 499-apartment Godrej Alpine for occupation in 36 months. Godrej
 Mahindra & Mahindra, auto major has stopped the second phase of booking for its latest sports utility vehicle XUV500. It has received over 25,000 orders in a period of 10 days from January 25 to February
|
International Stock News
 The US markets rose on Monday, sending the Dow industrials to their highest close since 2008, as Greece's government made progress on measures to secure international aid. Also, a Labor Department report
 The US markets made a mix closing on Thursday, as a drop in jobless claims fueled optimism about the economy and investors looked to the next day's employment report as the next indicator of the economic
 The US markets made a mixed closing on Tuesday, with the indices mostly slipping after US economic data failed to live up to expectation. The reports showed that American consumer confidence trailed estimates
|
|
|