Tuesday, March 28 2006 11:23 Hrs (IST) - World Time -

Mumbai: Riding high on unabated FII inflows, the Bombay Stock Exchange (BSE) Benchmark 30-share Index (Sensex) today (Mar 28, 2006) spurted to yet another record high of 11,146.85 points during morning trading while operators covered short positions in derivatives ahead of expiry of March contract.

The Sensex opened firm at 11,114.43 against yesterday's close of 11,069.02 points and later surged up to a new intra-trade record high of 11,146.85 points before being quoted at 11,069.44 points at 10.30 am.

Investors seemed to be booking profits at the higher price levels in early stages of the session.

Foreign Institutional Investors (FIIs) were believed to be sustained buyers in several key counters. FIIs reported net investments in both the cash and the futures on March 24.

Mutual funds, however, were selective sellers despite they are flush with funds. They were considered as potential buyers having collected huge amounts through various unit schemes, brokers said.

Key counters attracted profit booking after reaching dizzy heights during early trade.