Online edition of India's National Newspaper
Saturday, May 20, 2006
Online edition of India's National Newspaper Saturday, May 20, 2006 |
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Business
Special Correspondent
MUMBAI: In a highly volatile trading on Friday, share prices continued to fall on bourses, losing another 452.82 points on top of 826.40 points on Thursday. The benchmark index, Sensex, shed about 1,279.22 points or 10.5 per cent in two days. For the week ended Friday the Sensex lost 1,346 points or 11 per cent The Bombay Stock Exchange 30-share Sensitive Index (Sensex) fluctuated by more than 898.10 points but closed lower by 452.85 points at 10,938.61, as many funds started selling blue chip stocks. The National Stock Exchange (NSE) 50-share index, Nifty also dropped by 142.00 points at 3246.90. Friday's swing of 898.10 points is the largest in the BSE history. It swung by 833.53 points on Thursday. According to the latest data available, foreign institutional investors (FIIs) have sold Rs. 12,891.40 crore worth shares over the past five days, while they purchased shares worth a gross of Rs. 10,025.80 crore in the same period. FIIs turned net sellers on four days out of the total five consecutive trading sessions.
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Opinion |
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Miscellaneous |
Engagements |
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