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Senxex Jumps 90 Points On Fi Buying

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Last Updated : Aug 22 1996 | 12:00 AM IST

With selective buying from the FIs, local operators also moved into the market with certain amount of speculative buying which pushed up prices of key pivotals towards the close. At the National Stock Exchange (NSE), the first day of trading in the current settlement witnessed brisk trading and most pivotals were traded at higher levels in comparison to their previous levels.

The NSE 50 index rose above the 1000 mark during intra-day trading, after opening at a day's low of 980 to close at 999, gaining 22 points over the previous close of 977. The BSE sensex which opened at 3318.86, touched a high of 3408.10 before closing at 3406.22 against the previous close of 3316.06. Reliance, SBI and Tisco all touched their circuit filter levels on NSE.

The trading volumes at the major bourses was strong for the third consecutive day with the traded volumes at the BSE touching Rs 476.70 crore while at the NSE, the net traded volume touched Rs 920.51 crore with the traded quantity of 449.26 lakh shares.

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First Published: Aug 22 1996 | 12:00 AM IST

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