Snapping a seven-session winning streak, the Bombay Stock Exchange benchmark Sensex fell over 225 points in opening trade on Monday on emergence of profit booking by funds and retail investors amid weak Asian markets.
Increased investor optimism about a recovery in global economy drove Indian bourses to recent highs even as the bellwether Sensex neared the 16K mark and Nifty hit the highest level in 15 months in the week under review.
Continuing its winning streak for the seventh straight session, the Bombay Stock Exchange benchmark index Sensex moved up further by 90 points in opening trade today as foreign funds pumped more money.
The Direct Tax Code, good industrial
production data and the Free Trade Agreement with ASEAN sent
the markets soaring on Thursday as the BSE benchmark Sensex gained
the most in six weeks, adding over 498 points.
The Bombay Stock Exchange benchmark
recovered sharply by gaining over 308 points in early trade
on Thursday on emergence of buying at lower levels triggered by an
attractive industrial data and firming global trend.