Mutual funds resume selling

Mutual funds (MFs) sold shares worth a net Rs 533.60 crore on Tuesday, 30 October 2007, compared to their buying of Rs 421.10 crore on Monday, 29 October 2007. MFs' net outflow of Rs 533.60 crore on 29 October 2007 was a result of gross purchases of Rs 938.10 crore and gross sales Rs 1471.70 crore. The 30-shares BSE Sensex ended down 194.16 points or 0.97% to 19,783.51 on that day. MFs were net sellers of shares worth Rs 1704.20 crore in this month, till 30 October 2007.