BOMBAY, 21 September 2003 — On Monday the BSE closed at 4,193.83. Intensity of selling went out of proportion in the last hour of trading. Foreign institutional investors (FIIs) and hedge funds pressed sales across the board and major among them were DSP Merrill Lynch, ABN Amro and Morgan Stanley.
On Tuesday the BSE settled at 4,275. Tata Motors was up after it rolled out an improved version of the small car, Indica, tailored to specifications provided by British carmaker MG Rover, which will sell the vehicle in Europe from November 2003.
On Wednesday, the BSE closed at 4,227.98. In specific stocks, media stock Mukta Arts was in the limelight.
On Thursday, the BSE closed at 4,134.15. On Friday, the BSE finished at 4,217.12.
The advances declines figures reveal that of the 1834 scrips traded, 42 percent advanced, 52 percent declined.
Gains came from all around, both new and old economy stocks contributed to the rise.
Gold was at Rs.5,700/- per 10 gms and silver at Rs.8,585/- per kg.
US dollar was at Rs.45.94, pound sterling at Rs. 74.97, euro at Rs.51.36, UAE dirham at Rs.12.49, Kuwaiti dinar at Rs.154.47, Bahraini dinar at Rs.121.68, Saudi riyal at Rs.12.23, Qatari riyal at Rs.12.61 and Omani riyal at Rs.119.16.
