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Sensex zooms past 6600-mark
MUMBAI,
FEB. 3.
After a brief two-day pause, equities once again turned strong and lifted the Sensex by 89 points at the close on the Bombay Stock Exchange today on sustained foreign institutional investment inflows coupled with fresh purchases by domestic funds. The BSE benchmark 30-share index opened firm at 6550.75 and gradually moved upwards to the intra-day high of 6632.50 before ending the day at 6619.97 against yesterday's close of 6530.06, a net rise of 89.91 points or 1.37 per cent.
Commodity stocks were in the forefront on heavy buying support from investors.
Foreign institutional investors, who have turned buyers since January 27, reported heavy net investments of Rs. 1,715.70 crores in the first two days of the week and were heavy buyers during the session. Indian financial institutions too were reported to be heavy buyers in commodity stocks. Cement, power and steel stocks rallied smartly and posted handsome gains on renewed buying support. — PTI
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