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Sensex valuations becoming richer

MARKET WATCH

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Rajesh Bhayani Mumbai
BSE-Bankex BSE-IT Sector BSE-Sensex 09/29/20066038.874393.5612454.42 08/29/20077652.784504.4014993.04 09/21/20078739.844428.3416564.23 09/28/20079469.264627.8317291.10 Weekly change *8.354.504.39 Monthly change*23.742.7415.33 Yearly change*56.815.3338.84 * In per cent  According to the BSE data, client-level net selling on both the exchanges was above normal in the last two days and amounted to Rs 1,900 crore. Domestic institutions net sold Rs 3,470 crore after the US Federal reserve announced a cut in the interest rates.  On the other hand, the FIIs invested Rs 10,000 crore. The total FII inflows were Rs 16,358 crore in September, marking their highest monthly investment in secondary market. Moreover, there are no signs of a slow-down in the inflows.  

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First Published: Sep 30 2007 | 12:00 AM IST

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