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
BSE: Bull run ends; share prices react downwards
Thursday, September 25 2003 14:26 Hrs (IST)

Mumbai: After two days of bullish trend, share prices reacted downwards at the opening session on the Bombay Stock Exchange (BSE) on September 25 on fresh bouts of profit-selling by operators and retail investors.

Heavy selling by foreign institutional investors (FIIs) on September 23 also dampened the sentiment, a dealer said.

The Dow Jones Industrial Average and the NASDAQ Composite Index dipped by 150.53 points and 58.02 points on September 24 night respectively, which caused heavy selling in a large number of software counters.

Select index-based shares like Bajaj Auto, BHEL, GACL, HCL Tech, HLL, ICICI Bank, Infosys Tech, ITC, RIL, Satyam Comp and Zee Tele were also quoted remarkably lower on selling pressure.

However, a few refinery stocks, mainly from public sector undertakings (PSUs) segment, attracted good buying support.

PTI