Monday, June 19 2006 11:36 Hrs (IST) - World Time -

Mumbai: In a volatile trade on the Bombay Stock Exchange (BSE), the benchmark index Sensex dipped 40 points to 9844.74 at 10.15 am today (June 19,2006) on alternate bouts of buying and selling.

The BSE-30 share sensitive index opened slightly better at 9,903.11 as against last Friday's close of 9,884.51 and dipped to a low of 9,761.82 before recovering to quote at 9,844.74, a fall of 39.77 points.

On the National Stock Exchange (NSE, the S&P CNX Nifty also was down by 13.90 points at 2,876.45 as against previous close of 2,890.35.

Despite good buying by foreign funds in the last two days of the preceding week, unfavourable global advices weighed negatively on the market sentiment which recovered sharply by nearly 955 points in the last two sessions.

On Wall Street last Friday, the Dow Jones Industrial Average and the Nasdaq Composite Index ended in the red while most of the Asian markets were down early this morning.

Index-based shares like, Infosys Tech, TCS, SBI, L&T, ONGC, BHEL, Grasim, Dr Reddy, HDFC Bank, ICICI Bank and few others were quoted marginally lower while RIL was in the limelight on institutional buying support.