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Home -> Finance -> Full Story

Sensex up 172 points on funds buying during trade
Monday, May 29 2006 10:50 Hrs (IST) - World Time -

Mumbai: Continuing with its upward march, the benchmark Sensex rose by over 172 points in the first five minutes of trading on the Bombay Stock Exchange today(May 29, 2006) on sustained buying particularly by domestic funds in heavy-weighted blue-chip stocks.

The BSE 30-share index which had closed nearly 143 points higher on Friday at 10,809.35, rose by 172.60 points to trade at 10,981.97 points.

Similarly, the Nifty index on the wide-based National Stock Exchange gained 45.65 points at 3255.25.

Stock brokers said persistent buying by domestic funds in heavy-weighted stocks and firming global markets influenced the trading sentiments.

Shares of index heavyweight Reliance Industries shot up by Rs 11.40 at Rs 969 in brisk activity.

Other prominent gainers were BHEL, Bajaj Auto, Grasim Industries, Tata Consultancy, Infosys Technologies, Larsen and Toubro, ONGC, Dr Reddy Lab and ACC.

PTI