Business Standard

Psu Counters Fizzle

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Our Markets Bureau BUSINESS STANDARD

The Bombay Stock Exchange (BSE) sensex began on a strong note on Monday, and was up 43 points at one point, before disinvestment minister, Arun Shourie spoilt the party by refusing to specify a time-frame for disinvestment in HPCL and BPCL.

The market showed its displeasure by commencing a massive sell-off, which ended with the sensex closing 37 points lower at 3269.31.

Meanwhile, at the National Stock Exchange, the Nifty index shed 11.13 points to close at 1,058.65.

Monday

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First Published: Dec 10 2002 | 12:00 AM IST

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