Bourses on course despite terror attack, Sensex up 66 pts | business | Hindustan Times
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Bourses on course despite terror attack, Sensex up 66 pts

business Updated: Nov 28, 2008 17:29 IST

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Shrugging off the worst-ever terror attack on the financial capital, the Bombay Stock Exchange benchmark Sensex on Friday closed 66 points higher, as funds continued to support amid short-covering on expiry of November month in the derivatives sector.

The Sensex, which resumed trading after a day's closure following terrorist attacks on luxurious city hotels, remained range-bound before ending with a gain of 66 points at 9,092.72. The key index moved between 9,157.62 and 8,889.18 during the day on alternate bouts of trading.

The index opened down by 137 points, but recovered within minutes of trading. Among the 30 index-participants, 16 advanced and 14 stocks declined.

The wide-based National Stock Exchange index Nifty also rose by 2.85 points at 2,755.10, after moving between 2,779.00 and 2,690.30 points.

Major support to the market came from the information technology sector index, which gained 3.67 per cent at 2,558.94, as segment majors Infosys Technologies and Tata Consultancy Services rose smartly. Infosys rose by 4.49 per cent at Rs 1,240.60 and TCS by 5.89 per cent at Rs 558.05 on aggressive buying by funds.