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Home -> Finance -> Full Story

BSE: Sensex rebounds & ends nine pts up to 6544
Tuesday, February 8 2005 17:20 Hrs (IST) - World Time -

Mumbai: The Sensex today (Feb 8, 2005) ended with a modest gain of 9.60 points to close at 6544.77 on the Bombay Stock Exchange (BSE) after a late round of heavy short-covering from operators pulled it up from early lows of 6508.33 with sentiments turning positive.

Operators covered short positions when the market dropped sharply, dealers said and added that FIIs (Foreign Institutional Investors), which was less active in the last couple of days, made fresh buying in select blue chip counters.

The BSE Benchmark 30-share Index resumed the day on a weaker note at 6528.81 as against the previous close of 6535.17 and dipped to the intra-day low of 6508.33 due to increased selling.

Later, it made a strong turnaround and rose to the day's high of 6573.93, before ending the day at 6544.77, showing a net gain of 9.60 points or 0.15 per cent over the previous close.

PTI



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