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Sensex up 43 points
MUMBAI:
Buoyed by sustained foreign institutional investment inflows, the Bombay Stock Exchange benchmark Sensex gained 43 points on Friday to close at 11192.46. The FII activity, which increased in the last fortnight, was so convincing that the market even overcame strong resistance in the form of profit taking by investors.
The BSE 30-share sensitive index (Sensex) fell to a low of 11069.25 after an initial smart rally on reports that India had attracted more foreign investments compared to other emerging markets in the last couple of weeks. sBuying support, however, gathered momentum in the latter part of the day and the Sensex touched the day's high of 11241.11 before closing at 11192.46 against Thursday's close of 11149.17, a net rise of 43.29 points. PTI
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