AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
MUMBAI, Feb 28 Asia Pulse - The sensex dived by another 3.13 per cent even as stocks staged a smart recovery on Friday on the Stock Exchange, Mumbai (BSE) in the week under review.
The BSE Benchmark 30-share Index that extended its losses for the second consecutive week, witnessed wide fluctuations in a range between 5875.23 and 5551.61 before ending the week at 5667.51 as against last weekend's close of 5850.72, a net fall of 183.21 points.
The sustained slide on bourses was largely attributed to heavy sell-off by retailers who also squared up positions in view of expiry of February contract in Futures and Options segment on Thursday, as well as a dramatic slow down by Foreign Institutional Investors (FIIs) during the week.
The federal government, however, warned market operators, including merchant bankers and some ...