Mumbai: Share values opened subdued on Bombay Stock Exchange (BSE) on February 5
due to speculative selling following a sharp fall in the Wall Street on February 4.
While select public sector undertakings (PSUs) like IBP and VSNL continued their
upward march on expectation of favourable decision on disinvestment in the meeting
of Cabinet Committee of Disinvestment (CCD).
However, other PSU counters declined on profit-selling.
Software stocks displayed a mixed trend on alternate bouts of buying and selling. On
the Wall Street the Dow Jones Industrial Average and the Nasdaq Composite Index
dropped sharply by 220.17 points and 55.71 points respectively on February 5.
The BSE-30 share Sensitive Index resumed barely steady at 3316.42 from close of
3317.01 on February 4 and was trapped in a narrow range of 3322.43 and 3297.42
before being quoted at 3317.72 at 10:50 hours (IST).
PTI