Monday, June 13 2005 11:24 Hrs (IST) - World Time -

Mumbai: The Sensex today (Jun 13, 2005) opened firm, but soon met with fresh offering and turned sharply weak during the opening session at the Bombay Stock Exchange (BSE) and was quoted 23.16 points lower at 10:30 hrs (IST).

The BSE benchmark 30-share sensitive index opened better at 6790.33 as against the last weekend close of 6781.99 and rose further to an intra-session high of 6813.56.

Thereafter, it fell sharply to a low of 6757.02, before being quoted at 6758.83 at 10:30 hrs (IST), showing a loss of 23.16 over the last close.

Foreign Institutional Investors (FIIs), which were net sellers in equities during the early parts of the week, turned net buyers and purchased equities worth Rs 783.1 crore or $180.1 million for the trading week ended June 10.

Mutual Funds (MF) were net purchasers at Rs 58.39 crore, brokers said.

During the early trading, a large number shares such as Wipro, Zee, ACC, Bharti, BHEL, ICICI Bank, Dr Reddy, GAIL, HDFC, HDFC Bank, IPCL, REL, GAIL, Ranbaxy, Maruti and HPCL met with heavy selling and were quoted sharply weak.

However, Infosys Tech, GNFC, ITC, L&T, M&M, ONGC and HLL remained better on good support.