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Robust FII inflows Fuel the Sensex to 19906.10


Posted Date: 20-Sep-2010  Last Updated:   Category: Banks    
Author: Member Level: Gold    Points: 5 (Rs 1)


Robust FII inflows inched theBenchmark Index of BSE, more popularly known as Sensex surged ahead to 19906.10 points to record levels witnessed in 2009. The Sensex which opened at 19445.42 saw high of 19927.30 and low of 19906.10 during the day and closed at 19906.10 or 311.35 points or 1.59%



Robust FII inflows inched theBenchmark Index of BSE, more popularly known as Sensex surged ahead to 19906.10 points to record levels witnessed in 2009. The Sensex which opened at 19445.42 saw high of 19927.30 and low of 19906.10 during the day and closed at 19906.10 or 311.35 points or 1.59% Among today's major gainers in A Group were Gujarat Mineral, KSK Energy, Rel. Comm. BPL ITC and Losers in the A Group were Godrej Con., Shipping Corpn. IndiaBulls Finc., Mahindra & Mahindra Fin. and Cadilla Health
On tandem, National Stock Exchange (NSE) Nifty closed at 5988.50 or 1.75 percent over its Friday closing, after touching an intra day high and low of 5989.05 and 5885.05 respectively. ITC, R.Com. BPCL, Herohonda, and Hindustan Lever were the major gainers while losers were Sterlite, Idea, Ranbaxy, NTPC and Bhel in Nifty. Analysts feel that the robust and strong FII inflows during the year has fueled the strong market sentiments.


Reference: http://www.nseindia.com/
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