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WEEKLY BSE REVIEW - WEEK ENDING NOV 29, 2003.
MUMBAI, Nov 29 Asia Pulse - A strong stocks rally lifted the sensex to near 5060-resistance, netting a sharp upswing by 4.26% over the week on the Bombay Stock Exchange on hectic buying prompted by increased participation of retail investors as well as domestic mutual funds.
The BSE Benchmark 30-share Index cut short a string of 2 weekly losses and soared to end the week under review at 5044.82 as against last weekend's close of 4838.54, a net rise of 206.28 points.
Though the market witnessed scrip-specified activity, operators once again, have turned bullish in view of increased participation by retail investors and domestic funds which were consistent net buyers since November 17, after their long innings of negative activity.
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Source: HighBeam Research, WEEKLY BSE REVIEW - WEEK ENDING NOV 29, 2003.