Wednesday, June 7 2006 10:41 Hrs (IST) - World Time -

Mumbai: After moving sideways in cautious trade, the Bombay Stock Exchange sensitive index (Sensex) rose by 17 points in five minutes of resumption of dealings.

Weak global advices continued to weigh negatively on the market sentiment as the BSE-30 share sensitive index opened lower at 9,919.28 as against yesterday's close of 9,957.32.

Later, it moved erratically in a range between 10,001.44 and 9,843.80 before being quoted at 9,974.52 at 10.00 a.m., a minor rise of 17.20 points.

However, the National Stock Exchange's (NSE) S&P CNX Nifty was down by 5.60 points at 2,931.70 as against the previous close of 2,937.30.

The Sensex had dropped by a whopping 494.01 points or 4.73 per cent in last two days.

On the international front, the Dow Jones Industrial Average and the Nasdaq Composite Index moved down further by 46.5 points and 6.84 points respectively last night. Most Asian markets were also traded in the red early this morning.