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FII buying helps equities to soar; Sensex up 92 points to 3648.86

Equities continued their upward March, with the Sensex crossing the 3600-mark on continued buying support extended by the foreign institutional investors at the Bombay Stock Exchange today.

The BSE-30 Sensitive Index (Sensex) zoomed 91.79 points to end at 3648.86 as compared to the previous close of 3557.07. Opening higher at 3561.71, the Sensex crossed the 3600-mark to touch the day's high of 3659.36.

The opening level was the day's low.

Marketmen said that FIIs bought in Satyam Computers, Infosys Technologies, Telco, Tisco, L&T, Bank of Baroda and State Bank of India counters. Domestic institutions were selling key pivotals at higher levels, they added.

The Satyam scrip flared by Rs 85 to end at Rs 1,370. SBI ended Rs 15 higher at Rs 196 and L&T at Rs 232.

The BSE-100 index ended 35.62 points higher at 1601.94 from the previous close of 1566.32.

The BSE-200 index closed 6.72 points higher at 363.04 as against the previous close of 356.32.

The Dollex index rose by 2.62 points to end at 141.45 from the last close of 138.83.

The total turnover on the BOLT network was Rs 16.07 billion from trading in 50.3 million shares.

Satyam Computers topped the turnover list with Rs 2.26 billion followed by ITC (Rs 2.02 billion), Pentafour Software (Rs 1.96 billion), Ranbaxy (Rs 1.08 billion) and Zee Telefilms (Rs 805.7 million).

Others that recorded a high turnover were Reliance, L&T, Tata Tea, Digital Equipment, Infosys Technologies, SBI, ACC, Tisco, NIIT and Telco.

UNI

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