Mumbai: In a volatile movement, the benchmark broke the strong 3,505-support level at opening session on the Bombay Stock Exchange (BSE) on March 26 following sustained offloading by operators in the absence of any worthwhile support from foreign institutional investors (FIIs).

Reflecting the roller-coaster ride, the BSE-30 share sensitive index resumed slightly better at 3,517.36 from a close of 3,516.11 on March 22 and immediately shot up to a high of 3,566.08 only to fall back to a low of 3,488.20 before being quoted at 3,492.54 at 10.45 hours (IST).

Under the leadership of software bellwether, Infosys Tech, majority of IT shares suffered a setback following a weak Wall Street advices where the Dow Jones Industrial Average and the NASDAQ Composite Index dropped by 146.00 and 38.90 points on March 25 night.

However, select second-line old economy shares like Chennai Petro, Apollo Tyre, Videocon International, GNFC, Kochi Refinery and few others registered smart rise on investment buying.

PTI