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

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