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Home -> Finance -> Full Story
RIL leads strong rally to prop up SENSEX
Monday, November 25 2002 12:54 Hrs (IST)

Mumbai: Led by Petrochem giant RIL, share values rallied further extending last weekend's gain on the Bombay Stock Exchange (BSE) on November 25 following sustained buying by foreign institutional investors (FIIs) and operators.

While select front-line IT counters reacted on profit booking, some of the second line software shares also attracted profit selling.

RIL was in the limelight on institutional buying on expectation of more gas found in the KG basin.

Bank shares such as SBI and ICICI Bank also were on keen demand on passing of Securitisation Bill.

The BSE Sensetive Index resumed firm at 3146.93 as against the previous close of 3141.61 and immediately declined to a low of 3140.31 only to bounce back to quote at 3176.68 at 10:30 hours (IST).

PTI





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