Mumbai: A moderate rally in select heavyweights helped the benchmark notch another
11.21 gains at the close to 3580.83 on the Bombay Stock Exchange (BSE) on March 14,
but volumes were thin in cautious trade even as the general undertone remains firm
ahead of the Ayodhya uncertainties.
However, the final closing list disclosed a mixed bag, with gainers outnumbering
losers.
Main contributors to the SENSEX were RIL, Grasim, Hero Honda, Bajaj Auto, Glaxo and
Zee Telefilms, which registered smart gains, dealers said.
Right from the onset of business share values displayed a positive trend following
Supreme Court's ruling of maintaining status quo and disallow Pooja at the
controversial site, a dealer commented.
However, operators as well as retail investors were still cautious ahead of further
developments of March 15, he added.
The VHP (Vishwa Hindu Parishad) was bent on performing a symbolic Pooja on the
undisputed site at Ayodhya on March 15.
The BSE-30 share sensitive index opened on a promising note at 3573.98 and was
trapped in a limited range of 3590.43 and 3562.17 before closing at 3580.83 as
against March 13 close of 3569.62, a rise of 0.31 per cent.
The broad-based BSE-100 index also improved further by 4.15 points to 1746.11 from
1741.96 previously.
Meanwhile, majority of software counters exhibited steady to easy trend following
weak wall street advices where the Dow Jones industrial average and the Nasdaq
Composite index dipped by over 130 and 35 points on March 13 night respectively.
PTI