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Now, mutual funds switching to sell-mode

Posted on: August 20th 2009 in Press Releases.

COIMBATORE: With markets remaining patchy due to concerns about poor monsoon and the strength of the global recovery, mutual funds (MFs) are slowly moving to the sell-mode. MFs have net sold equity worth Rs 756.7 crore in this month (up to August 17), data with SEBI shows. The volatility…

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