Mumbai: Equities, particularly old-economy shares, recouped part of their overnight
losses lifting the SENSEX by 33.82 points to close at 3,569.62 points on the Bombay
Stock Exchange (BSE) on March 13 on renewed buying support from foreign funds
following the status quo ruling given by the Supreme Court in the Ayodhya issue.
The SENSEX finally halted a three-day string of losses on the back of smart rally in
old-economy blue-chips like HLL, RIL, HPCL, MTNL, ACC, L&T and few others.
However, IT counters continued their downward march following weak advices from
NASDAQ where the Composite Index dropped by 32.37 points on March 12 night. But, a
few second-line software counters attracted interested support.
The BSE-30 share sensitive index opened slightly lower at 3,531.48 and moved
irregularly in a range of 3,601.82 and 3,531.02 before closing at 3,569.62 as
against a close of 3,535.80 on March 12, a rise of 0.96 per cent.
The broad-based BSE-100 index also recovered by 13.88 points to 1,741.96 from
1,728.08 on March 12.
PTI