Sentiments on the Bombay Stock Exchange (BSE) were dull yesterday as the 30-share index opened at 3349.30, touched an intra-day high of 3366.41 and a low of 3339.44 and closed at 3346.78, a net loss of a 2.99 points over the previous close of 3349.77.
The bourse witnessed trading in 2.37 crore shares worth Rs 303.47 crore with the A group stocks contributing Rs 256.99 crore and B1 and B2 group stocks contributing Rs 28.19 crore and Rs 18.14 crore respectively. Equities fluctuated in a narrow range on the NSE, which also witnessed subdued trading.
The NSE-50 index opened at 979.14, touched a high of 984.45 before reaching a low of 973.09 and closed at 977.03, losing 0.73 points over the previous close of 977.76. The net traded value of 4.54 crore shares traded on the bourse was Rs 942.70 crore.
Says a dealer with a leading institutional brokerage: The market sentiment is depressed and will continue to remain in that state as everyone awaits more concessions and remedies from the government. The Rs 5,000-crore disinvestment plan can be pushed only if market conditions improve.