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