MUMBAI, April 6: Industrials zoomed up further on theBSE today on bull support coupled with continued buying by foreign funds. The sensex went up by 94 points. The new account started firm following a drop in badla charges, and share prices advanced further as the session progressed to finish around the day's best level. The closing rates showed modest to sizeable gains. The volume of business remained brisk and the closing undertone remained bullish. The BSE sensitive index started strong at 4130.92 and rose further to 4184.37 before closing at 4170.22 with a sizeable gain 94.17 points compared the previous level of 4076.05. The BSE-100 index also jumped by 45.72 points to 1816.12 from previous close of 1770.40.Brokers said that share prices, particularly small scrips from the specified group, spurted on the opening day of the new account on hectic bull support and continued purchases by foreign funds. Operators had shifted their attention to the shares of small dividend paying companies, whichattracted one-sided buying pushing their prices up sharply. The authorities had to apply circuit breaker to most of these scrips. The volume of business improved to Rs 1551.44 crore from the turnover of Rs 1428.86 last Friday.On the NSE, pivotals continued to forge ahead on speculative buying and short covering. The NSE-50 index opened at 1173.55, surged up to a high of 1191.55 and closed at 1187.10, showing a rise of 13.65 points over the previous close of 1173.45. The Midcap opened at 1049.50, shot up to a high of 1449.65 and closed at 1445.25, showing a rise of 36.10 points over the last close of 1049.15. The total turnover was Rs 1,700.79 crore.
