Friday, October 14 2005 11:33 Hrs (IST) - World Time -

Mumbai: The Sensex today (Oct 14, 2005) opened marginally better, but soon fell back by 15 points during the opening session at Bombay Stock Exchange (BSE) on increased selling pressure.

Weak overseas advices and lack of Foreign Institutional Investors' inflow continued to dampen the market sentiment, brokers said.

The BSE benchmark, 30-share sensitive index opened marginally higher at 8389.45 as against yesterday's close of 8376.90 and rose further to 8396.42.

Thereafter, it fell sharply to a low of 8327.11 and was quoted at 8361.72 at 10.30 am, showing a loss of 15.18 points over the previous close.

In the global market Nikkie was down by over 50 points, while Heng Sang dropped by 126 points, Kopsi by 8 points and STI by 4 points.

FIIs were net sellers during the month October with a sale of equities worth Rs 1187 crore till Tuesday.

During the early trading, RIL, REL, ACC, Styam, Bajaj Auto, Bharti, IPCL, Cipla, HPCL, ITC, L&T, M&M, Maruti, MTNL, ONGC, Tata Chem, Tata Motors and Tata Power were weak.

However, TCS, SAIL, BHEL, Dr Reddy, Grasim and ICICI Bank were better on some support.