Date:12/11/2005 URL: http://www.thehindu.com/2005/11/12/stories/2005111207421500.htm

Business

Sensex zooms 162 points

MUMBAI: Powered by firm global trends amid sliding crude price and consistent foreign institutional investment inflows, the Bombay Stock Exchange benchmark Sensex on Friday flared up by a steep 162 points to end at a month's high of 8471.04 as the capital market once again turned strong after a two-session brief pause.

The 30-share sensitive index (Sensex) gained 398.29 points or 4.93 per cent in the week. The Sensex opened firm at 8332.94 and later surged to the intra-day high of 8483.68 on hectic buying support before ending at 8471.04 against 8308.93, a net rise of 162.11 points or 1.95 per cent. Foreign institutional investors were believed to be heavy buyers in key counters during the session. — PTI