Mutual funds continue selling

Mutual funds (MFs) sold shares worth a net Rs 212.20 crore on Wednesday, 6 February 2008, compared to their selling of Rs 297.50 crore on Tuesday, 5 February 2008. MFs' net outflow of Rs 212.20 crore on 6 February 2008 was a result of gross purchases of Rs 745 crore and gross sales Rs 957.20 crore. The 30-share BSE Sensex declined 523.67 points or 2.81% at 18,139.49 on that day. MFs were net buyers of shares worth Rs 409.30 crore in this month, till 6 February 2008.