Tech stocks fail to maintain day's highs

MUMBAI, SEPT. 4. Technology stocks staged a partial recovery aiding the Sensex to close in the positive territory in continuous listless activity on the Bombay Stock Exchange on revival of support from institutional investors following reports of a firm trend in the Nasdaq futures.

Retail investors and the broking fraternity had also turned optimistic and anticipated some favourable decision on the weekly carry-forward system in the Securities and Exchange Board of India (SEBI) board meeting in Delhi this afternoon to discuss futures trading, market sources said.

The BSE benchmark 30-share index opened steady at 3227.86 and later fluctuated narrowly rising to the intra-day high of 3246.76 before closing at 3231.60 against yesterday's close of 3227.12, netting a minor gain of 4.48 points. The BSE-100 index edged up by 7.58 points to 1527.66 from 1520.08.

- PTI

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Section  : Business
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