Thursday, August 18 2005 10:41 Hrs (IST) - World Time -

Mumbai: The Sensex today (August 18, 2005) rose further smartly and touched 7900 point level during the early trading on the Stock Exchange, Mumbai (BSE) on increased buying activity.

The BSE benchmark 30-share index opened sharply firm at 7902.84 as against the previous close of 7859.53 and after fluctuating in a range of 7921.39 and 7896.96, was quoted at7902.75 at 10.10 am, showing a smart gain of 43.22 over the previous close.

Foreign Institutional Investors (FIIs) continued to purchase heavily which prompted domestic Funds to become active buyers too, brokers said.

FIIs made a good purchase of Rs 275 crore on Friday while Mutual Funds were net buyers of over Rs 391 crore since August 10.

During the opening session, RIL, ICICI Bank, REL, L&T, ITC, IPCL, Maruti, ONGC, PNB, Ranbaxy, SAIL, Satyam comp, SBI, Infosystch, Tata Motors, Tata Steel, TCS, Wipro and Zee were quoted smartly higher on good buying.