Business Daily from THE HINDU group of publications
Tuesday, Jul 03, 2007
ePaper
Business Daily from THE HINDU group of publications Tuesday, Jul 03, 2007 ePaper |
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Stock Markets Markets - Stock Markets
Our Bureau Mumbai, July 2 The bulls continue to shine at Dalal Street. The BSE bellwether index Sensex touched its all-time high on Monday at 14,745.97 but failed to sustain the momentum on profit booking and closed at a lower level at 14,664.26 , up13.75 points or 0.09 per cent, which is also an all-time closing high for the Sensex. However, the S&P CNX Nifty index closed down 0.11 per cent at 4,313.75. FIIs
Rising interest from institutional investors, both domestic and foreign has fuelled the rally in the stock markets. FIIs were net buyers at Rs 94.57 crore, as per the provisional data available on NSE. “With the quarterly results season beginning from next week, there will be continued good sentiment in the markets and has led to the building of long positions in many scrips,” said Mr Ravindra Kasliwala, Head – Equity, Inventure Growth and Securities. The BSE healthcare and the auto indices were the major gainers among the sectoral indices, up 1.15 per cent and 1.09 per cent respectively. The total turnover on the BSE stood at Rs 4,327.39 crore.
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