Mumbai: After resuming on a firm note, share prices reacted downwards in 30 minutes of trading at early stages on the Bombay Stock Exchange (BSE) on December 3 on profit booking by operators.

Heavyweights like Infosys Tech, Satyam Computer, Telco and HLL declined moderately, affecting the SENSEX negatively.

The BSE-30 share sensitive index opened slightly better at 3276.70 and rallied to a high of 3292.87. However, selling by operators as well as institutional investors, mainly in new-economy counters, pulled down the sensex to quote at 3266.24 as against the previous day's close of 3270.36.

However, petro-chem giant RIL was in the limelight, on the news that the company has emerged as the front-runner to acquire a South Korean petrochemical company called KP Chemicals.

Majority of the Public Sector Undertakings (PSUs) stocks were in keen demand on Prime Minister's assurance on disinvestment.

PTI