Saturday, October 15 2005 16:46 Hrs (IST) - World Time -

Mumbai: Stocks - Prices suffered a sharp setback on the Bombay Stock Exchange during the week under review due to heavy all-round selling after poor support by Foreign Institutional Investors and the Sensex crashed by a whopping 290 points.

In the week ended October 14 BSE Benchmark 30-share Index (sensex) witnessed highly volatile trade as the index, after opening higher at 8516.44 as against the previous weekend close of 8491.56, moved in a wide range of 8564.8 turnover at BSE also dropped sharply to Rs 11,163.38 crores from the previous weekend level of Rs 17,573 crore.

On the National Stock Exchange (NSE), the S&P CNX Nifty fell sharply by 89.65 points to 2484.40, while the biggest fall was in S&P CNX Nifty Junior which fell sharply by 184.15 points to 5069.60 followed by Bank Nifty by 139.40 points to 4274.85, S&P Midcap by 126.50 points to 3679.30 and S&P CNX Defty by 99.15 to 1915.10.

During the week, the volume of business on NSE also plunged to Rs 22,671.32 crores from the previous week level of Rs 32,067 crore.

Among other indices, the broad-based BSE-100 Index suffered a sharp loss of 160.37 at 4351.60 from the previous week's close of 4512.03.

The BSE-200 Index and the Dollex-200 were quoted sharply down at 1048.01 and 388.69 from the previous weekend close of 1086.48 and 408.14 respectively.

The BSE-500 Index declined sharply by 128.22 points to finish the week at 3361.56 from the preceding week's close of 3489.78 and the Dollex-30 declined sharply to 1500.03 from the previous close of 1573.01.

The total turnover at BSE also dropped sharply to Rs 11,163.38 crores from the previous weekend level of Rs 17,573 crore.