COMMENTARY
INTERVIEWS
SPECIALS
CHAT
ARCHIVES

FI, FIIs buy index-based shares in a big way; Sensex up 93 points, almost kisses 3300

The Sensex at the Bombay Stock Exchange surged on heavy buying support by public financial institutions and foreign institutional investors today.

The BSE-30 Sensitive Index opened at 3239.85, witnessed a high of 3321.47 and a low of 3239.65 and finally ended at 3299.09, showing a net gain of 93.41 points from the previous close of 3205.68.

According to dealers, domestic institutions bought shares near the figure of Rs 1.5 billion in key index-based scrips. The FIs and the FIIs bought Reliance, L&T, ITC, Telco, SBI, BHEL, HLL, MTNL and BSES. An uptrend in the overseas bourses aided the surge, said a dealer.

Hong Kong's Hang Seng index closed at 10673.31, up 439.51 or 4.29 per cent. The Nikkei-225 index of Tokyo ended at 13,536.56, up 68.10 points from Wednesday.

The BSE-100 index ended at 1461.64, rising by 37.15 points from the previous close of 1424.49.

The BSE-200 and Dollex indices ended 7.45 and 2.86 points higher at 336.82 and 131.88 respectively.

The total turnover on the BOLT network was Rs 17.53 billion from trading in 84.2 million shares.

ITC topped the turnover list with Rs 2.59 billion followed by SBI (Rs 1.69 billion), Reliance (Rs 1.56 billion), Pentafour (Rs 1.12 billion) and Satyam Computers (Rs 1.11 billion).

Other active scrips that recorded a high turnover were Telco, Zee Telefilms, L&T, Dr Reddy's, Tisco, MTNL, Tata Tea, ACC, BHEL and HLL.

UNI

Business news