Rediff Logo Business Exim Banner Ad
Find/Feedback/Site Index
HOME | BUSINESS | NEWS | MARKETS
March 27, 1998

COMMENTARY
INTERVIEWS
SPECIALS
CHAT
ARCHIVES

BSE Sensitive Index

Sensex up 6.85 points

Pivotals recovered marginally on speculative buying support in thin trading at the last day of current settlement on the Bombay Stock Exchange today.

The 30-share BSE sensitive index opened at 3880.33, immediately surpassed the psychological barrier of 3900 mark and fell below the 3900 mark to touch day's low of 3861.18 points. However, it finally finished at 3908.60 points, showing a net gain of 6.85 points as against the previous close of 3891.75 points.

According to leading BSE brokers, speculators, confident of the Bharatiya Janata Party government winning of the vote of confidence at the Centre, have made moderate purchases at the fundamentally strong counters.

The foreign institutional investors however, preferred to be quiet in view of the end account considerations. The domestic institutional investors reportedly made token purchases at the heavy-weighted counters, they said.

Operators were busy squaring up their positions during the day, they said.

In view of tomorrow's Gudi Padwa (Maharashtrian New Year) holiday, the BSE had curtailed trading timings today from 0930 hours to 1515 hours to conduct badla trading session, BSE sources said.

The total turnover was Rs 9.8 billion.

Hectic activity was witnessed at the counters led by ITC Rs 1.7 billion, Reliance Rs 950.3 million, Tata Tea Rs 83.72 million, Castrol Ind Rs 691 million, SBI Rs 524.1 million, TELCO Rs 504.6 million, Sterlite (P) Rs 292.8 million, BSES Ltd Rs 282.9 million, TISCO Rs 276.4 million, ACC Rs 214.4 million, Bajaj Auto Rs 209.9 million, MTNL Rs 173.9 million, BPL Rs 153.2 million, Hind Lever 132.1 million, L and T 110.7 million.

UNI

Tell us what you think of this report
HOME | NEWS | BUSINESS | CRICKET | MOVIES | CHAT
INFOTECH | TRAVEL | LIFE/STYLE | FREEDOM | FEEDBACK