Masala News

The Sensex opened with a positive gap of 53 points at 18,824. Nervouness in the opening trades following Sebi’s new norms on P-notes saw the index slip to a low of 18,630.

The index, however, soon recovered and bounced into the positive zone. Unabated buying, thereafter, saw the index rally past the 19,000-mark to a fresh all-time intra-day high of 19,276 - up 646 points from the day’s low.

The Sensex finally ended (provisional) with a significant gain of 483 points at 19,254.

The BSE Sensex ended a dramatic week with a further 438-point slide on Friday, as foreign investors turned heavy sellers during the day. The Sensex has lost about 1,500 points since Monday when it hit a new all-time high of 19,096. It finally settled at 17,560 after staying in the red through Friday’s trading session.