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Sensex recovers 46 points

MUMBAI NOV. 15. The Sensex snapped the e-day losing string and recovered smartly by 46 points in a brief special trading session on the Bombay Stock Exchange on Saturday on fairly heavy buying prompted by an encouraging mid-year economic review. The BSE benchmark 30-share index opened on an optimistic note at 4873.91 and gradually moved upwards to the intra-day high at 4925.31 before ending at 4911.76 against the previous close of 4865.83.

Saturday being a holiday, foreign institutional investors (FIIs) who had made heavy net investments of Rs. 369 crores on Thursday after a slowing down activity during early part of the week, were conspicuous by their absence. Operators who had resorted to unwinding of positions in the past couple of sessions, availed of the opportunity to enter into fresh commitments. — PTI

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