Business Standard

Bank Stocks Lose Steam

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Our Markets Bureau BUSINESS STANDARD

The Bombay Stock Exchange (BSE) Sensex ended 6.73 points higher at 4212.29 on Thursday, after banks and steel stocks faced selling pressure due to the expiry of August futures contracts.

Dealers said most positions in the futures segment had been built up in banking and steel shares, and the selling was a result of the unwinding of these positions.

The Sensex has risen by around 25 per cent so far this year, while the BSE

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First Published: Aug 29 2003 | 12:00 AM IST

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