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Selective buying restores uptrend; Sensex up 8 points to 4781.62

Share prices recovered marginally at the Bombay Stock Exchange on selective buying support from local operators and institutional investors today.

Mirroring the trend, the 30-share Sensitive Index of the BSE opened on a firm note at 4794.41 points, higher from the previous close of 4773.65 points, touched the day's high of 4827.43 by surpassing 4,800 mark and fell to the day's low of 4775.13 points, before closing at 4781.62 points, showing a net gain of 7.97 points from the previous close.

Dealers said that there was some profit-booking in select scrips by local operators while the forign funds' buying in a few scrips changed the market mood.

The foreign institutional investors have reportedly bought considerable number of shares of Sterlite Limited, a leading BSE broker said.

Hectic activity was witnessed in cement shares during the day, dealers said.

The broad-based BSE-100 index rose smartly by 10.09 points to 2146.49 points from the previous close of 2136.40 points.

The BSE-200 and Dollex indices closed higher by 4.51 and 1.64 points to 497.17 and 190.24 points from the previous close of 492.66 and 188.60 points respectively.

The BSE-500 index too ended higher by 13.91 points to 1472.20 points as against the previous close of 1458.29 points.

Ranbaxy Laboratories topped the list of turnovers by registering Rs 2.78 billion, followed by Reliancer Rs 1.38 billion, Satyam Computers Rs 1.16 billion, Pentafour Software Rs 1.06 billion, Sterlite Rs 757.8 million.

Other actively traded counters were Bajaj Auto, Telco, SBI, L&T, Tisco, ITC, BPL, Digital Equipment, MTNL and Zee Telefilms.

UNI

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