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Equities post impressive gains as FIs step up buying; Sensex up 50 points to 4194.55

Share prices posted impressive gains on good buying support from institutional investors and local operators, pushing the Sensex up by 50 points at the Bombay Stock Exchange today.

Encouraged by firm trend in the global markets, market players actively made purchases in spite of the last day of weekly trading settlement on the BSE, dealers said.

Reflecting the uptrend, the 30-share BSE Sensex opened at at 4176.67 points, surpassed the psycholigical barrier of 4200 and touched the day's high of 4215.35 points, fell to touch day's low of 4166.54 points, before closing at 4194.55 points, showing a net gain of 50.03 points or 1.20 per cent as against the previous close of 4144.52 points.

The broad-based BSE-100 index rose by 17.21 points to 1800.51 points from the previous close of 1783.30 points.

According to dealers, the Nikkei stock index in Tokyo firmed up by 71.72 points to 17932.47 points while Dow Jones Industrial Average ended up 95.62 points at 11006.42 points. The FTSE-100 at London too witnessed a moderate gain of 40 points immediately after opening.

UNI

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