Sensex falls sharply by 69 pts at opening session Thursday, April 21 2005 10:41 Hrs (IST) - World Time -  Mumbai:
The Sensex today (Apr 21, 2005) turned sharply weak and fell by 69 points at the opening session on the Bombay Stock Exchange (BSE) due to fresh bouts of heavy selling at the previous day's higher level.
However, the only firm spot was Satyam Computer, which rallied on heavy buying after the announcement of higher than expected results with the net rising by 17.8 per cent to Rs 206 crore, which was higher than the expected figure of Rs 197 crore, a broker said.
The BSE Benchmark 30-share Sensitive Index opened marginally higher at 6249.29, but soon fell sharply on emergence of heavy profit selling and was quoted at 6174.69 at 10:10 hrs (IST), showing a sharp fall of 69.05 points over yesterday's (Apr 20, 2005) close of 6243.74.
The weak spots at the opening session were RIL, HDFC, Infosystch, HDFC Bank, ICICI Bank, Tata Steel, SBI, Tata Motors, SAIL, Wipro, Maruti, GACL, Bajaj Auto, Rambaxy, ZEE Tele, ONGC, Hero Honda, BHEL and Dr Reddy.
However, TCS, L&T and Hindalclo were better on stray support.
PTI
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