Mumbai: Share values opened on a promising note on the Bombay Stock Exchange (BSE) on May 30 following good buying support from speculators as well as retail investors at lower levels.

Resuming barely steady at 3,161.90 from May 29 close of 3,160.24, the BSE-30 share sensitive index declined to a low of 3,148.75. But buying in select heavyweights pushed up SENSEX to a high of 3,187.16 before being quoted at 3,186.45 at 10:45 hours (IST).

Dealers attributed the fresh upsurge in share prices to increasing pressure from international community on General Pervez Musharraf to defuse the tension in the subcontinent.

As a result, speculators and retail investors stepped in and made fresh selective purchases leading to stability in the market.

Majority of software counters improved further despite a drop of 27.78 points in the tech-heavy NASDAQ Composite Index on May 29 night.

PTI