Sensex plunges 117 pts mid-way
As shares rose by 38 points by 1130 hrs, it failed to hold on to the gains, rolling down to reach 14,000.india Updated: Dec 08, 2006 16:40 IST
The benchmark Sensex failed to hold early gains and rolled down by 117 points on Friday in a firm two-hour trading on the Bombay Stock Exchange on emergence of profit selling by funds.
The 30-share index, Sensex, which commenced the day with a gain of 38 points, plunged by 116.71 points at 13,855.32 at 1130 hours as most of the heavy-weights like Reliance Industries, Infosys Technologies and Bajaj Auto traded distinctly lower.
Similarly, the wide-based National Stock Exchange's Nifty fell by 38,80 points at 3976.55. Though it started the day with a gain over 31 points.