After making healthy opening, the BSE sensitive share index traded in a rangebound mode for most part of the day. Later on, the Sensex attained additional strength as continued buying interest was seen in index pivotals, lastly to end the day on a sturdy note. The stocks from banking, auto and telecom were in the public interest, whereas cement and IT stocks led the declines.
Mumbai: Tracking feeble worldwide markets, the benchmark Sensex plunged below 15,000 mark level by receding more than 180 points in early trading on the BSE.
Yesterday, the BSE-30 share Sensex missed 35.85 points. Today, it dunked 180.33 points to drop below 15,000 level to 14,829.55 points in the first five minutes of trading.
In the same way, on the wide-based National Stock Exchange (NSE), Nifty misplaced 51.05 points at 4,355.00 points.
The Oswal Group flagship firm Vardhman Polytex announced that the company will raise 10 million dollars through the issue of Foreign Currency Convertible Bonds (FCCBs) in overseas market.
Vertex Spinning climbed up 5.51% to Rs 20.10 in afternoon trading after the company declared that Syndicate Bank had finished evaluation of its planned Rs 512 crore cotton spinning project in Maharashtra. The company made the declaration after the trading hours.