Sensex displays two-way movement in early trading Tuesday, January 10 2006 11:15 Hrs (IST) - World Time -
Mumbai:
Resuming on a barely steady note, the Sensex displayed a two-way movements on alternate bouts of buying and selling during the morning trade on the Bombay Stock Exchange (BSE) today (Jan 10, 2006).
The BSE benchmark 30-share sensitive Index (Sensex) opened steady at 9584.47 as against yesterday's close of 9583.45 and moved irregularly between range of 9600.08 and 9540.24 before being quoted at 9564.64 at 10.30 am., down by 18.81 point.
According to market participants, the petrochemical giant and among the top heavyweights RIL, which saw a huge run up recently due to demerger plan, continued to move down on profit booking on the day of announcement of company's Q3 results.
The mood of the market remained cautious ahead of the beginning of third quarter results by some key companies starting today.
Meanwhile, Foreign Institutional Investors (FIIs) reportedly bought share worth Rs.2287.50 crore in the last week while local mutual fund booked profit in some high bright share.