Sensex opens firm, up by 34 points in early trade

Extending Wednesday's rising trend, the Sensex opened firm and rose further by 34.39 points on increased buying support.

Updated on: Apr 20, 2006, 11:31:00 IST

None | By Anonymous, Mumbai

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Extending Wednesday's rising trend, the Sensex on Thursday opened firm and rose further by 34.39 points on increased buying support, mainly by local funds, while foreign funds remained net sellers.

The Bombay Stock Exchange (BSE) Benchmark 30-share Index (Sensex) started the day firm at 11,941.49 as against Wednesday's close of 11,895.98 and rose further sharply to a high of 11,976.54, before being quoted at 11,930.37 at 10.10 am, showing a good gain of 34.39 over Wednesday's close.

Foreign Institutional Investors (FIIs) remained net sellers during the current month with offloading equities worth Rs 1641 crores. The biggest selling of Rs 960.50 crores was done on Thursday.

The firm spots during the early trading were RIL, Wipro, Hindalco, GACL, SBI, NTPC, Tata Steel, HLL, Grasim, Hero Honda and Dr Reddy. However, the heavyweight, Infosys Tech was quoted weak.

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