FIIs boost BSE sentiment

MUMBAI, APRIL 17: The last day of the trading cycle on the local bourse witnessed volatility amidst attempts made by speculators to shift their positions to attract lower badla charges.

Reflecting the volatile nature of business conducted on the BSE, the 30 share BSE-Sensitive index moved in the band of 4,117.58 points and 4,188.37 points to finally close at 4,186.76 points registering a gain of 52.44 points.

Shares prices led by Hindalco, ITC and others improved as the session progressed. The volume of business recovered and closing undertone remained firm. The BSE-100 index also rose by 22.69 points to 1840.05 from the previous close of 1817.36.

Brokers say the sentiment turned better due to fresh purchases made by the FIIs. Software shares were continuously in the limelight and majority of them attracted circuit breaker when they exhausted 25 per cent weekly limit either yesterday or today.