Online edition of India's National Newspaper
Saturday, Feb 18, 2006
Online edition of India's National Newspaper Saturday, Feb 18, 2006 |
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MUMBAI: In a highly volatile trading, the Bombay Stock Exchange's Sensex plunged by 143.19 points on Friday to end below the 10,000 mark at 9,981.11 for the first time since February 6 due to heavy all-round selling after a retreat by foreign institutional investors. The BSE's 30-share sensetive index, after rising steeply to an intra-day high of 10,184.04, met with heavy selling and nosedived to a low of 9,970, before ending at 9981.11, a whopping 1.41 per cent fall over the overnight closing level of 10,124.30. The index had closed below the 10,000 mark previously on February 6 at 9,980.42. Shares in the Fast Moving Consumer Good (FMCG) and Capital Goods (CG) segments felt the brunt of heavy selling as HLL, ITC and L&T suffered sharply. The fresh bouts of selling was due to the pull-back by FIIs, who sold equities worth Rs. 501.60 crore on February 14 and Rs 57.70 crores on February 15, taking the total sales to Rs. 559.30 crores in two days. — PTI
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