Mumbai: Banking stocks were in limelight at early stages in a see-saw trading on the
Bombay Stock Exchange (BSE) on good buying support from institutional investors and
retail investors.
According to dealers, the future growth of the banking sector seems to be good and
valuation of these stocks looks still attractive.
Oil major, HPCL was also in keen demand following Attorney General's green signal to
HPCL and BPCL sell-off and the matter will not be placed before the next meeting of
the Cabinet Committee on Disinvestment, which is likely to be held on January 25.
The BSE-30 share sensitive index resumed better at 3,348.32 from the January 20
close of 3,341.89 and moved irregularly in a range of 3,354.38 and 3,336.95 before
being quoted at 3350.60 at 10.45 am (IST).
Software counters continued to reel under selling pressure from institutional
investors as well speculators.
PTI