Sensex ends 2000 on a positive
note
Mumbai: 2000- the year that saw several dramatic and anxious moments in the Mumbai
bourse ended on a somewhat promising note with a rally in IT stocks on the Bombay Stock
Exchange (BSE), as speculators suddenly turned bullish on the strength of selective
purchases by foreign funds.
The BSE sensitive index opened fractionally up at 3933.95 and later rose to the day's
high of 3978.25 before closing at 3972.12 as against Thursday's close of 3932.78, showing
a net rise of 39.34 points. The BSE-100 index spurted by 34.73 points to 2032.20 from
previous close of 1997.47.
Infotech shares battered in the wake of sustained slide in the Nasdaq composite index
showed signs of revival in the wake of reports of purchases by a leading foreign fund. The
sentiment was also partly aided by the encouraging trend for the second successive day in
the Nasdaq composite index that improved by about 18 points on Friday. Nasdaq rose by
about 46 points on December 27.
The BSE-200 index and the Dollex were quoted remarkably up at 437.15 and 155.68
compared with previous close of 430.13 and 153.34 respectively. The BSE-500 index rose by
20.35 points to 1304.66 from Thursday's close of 1284.31.
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