Search
      Channels
  News
  Home Loans
  Commercial Loans
  Insurance
  Credit Cards
  Calculators
  NRI Center
     Investment
  Mutual Funds
  Stock Research
  Market Tools
  Special Reports
  Fund Focus
  Company Focus
  Sector Focus
  Interviews
     Services
  Greetings
  Message Board
Partners
Home -> Finance -> Full Story
RIL rally helps SENSEX end in positive territory
Friday, February 21 2003 19:54 Hrs (IST)

Mumbai: Well supported by a smart rally in the top heavyweight Reliance Industries Ltd (RIL) the SENSEX once again ended in the positive territory in an otherwise lacklustre activity on the Bombay Stock Exchange (BSE) on February 21 on selective buying by operators and retail investors.

However, domestic funds led by the Unit Trust of India (UTI) were believed to have booked profits in IT stocks at the day's higher levels.

The BSE Benchmark 30-share Index opened marginally higher at 3303.33 and was later trapped in a limited range between 3313.60 and 3294.68 before ending at 3307.20 as against the February 20 close of 3303.22, a net gain of 3.98 points.

The broad-based BSE-100 Index also edged up by 1.10 points to 1636.83 from previous close of 1635.73.

Meanwhile, oil prices fell snapping the prolonged upward march as concerns eased over imminent supply shortages after the US government reported an unexpected jump in crude stocks.

Foreign institutional investors (FIIs), which have slowed down activity in the light of war fears, seemed to be net buyers in select heavyweighted counters.

PTI





Sponsored Links

WQN    Call India for 23 c/m