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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (4596)6/15/1999 9:05:00 AM
From: Mohan Marette   of 12475
 
Markets-Larsen & Toubro bounces back triggering revival mood.

L&T scrip bounces back, triggering revival mood
Aabhas Pandya

June 14: Larsen & Toubro, with an index weight of mere 3.22 per cent, provided the trigger for a revival in market sentiment. The Sensex, which had lost around 140 points at one stage, recovered strongly to end the day with a net loss of mere 19 points.

The Larsen counter on National and Bombay Stock Exchanges clocked a phenomenal volume of over 1 crore shares against the average daily volume of 22-25 lakh shares. The scrip witnessed the second highest turnover of Rs 133.96 crore on the BSE. After opening the day at Rs 287, the stock closed at Rs 312.85 on the NSE, while it ended at Rs 314.15 on the BSE........


financialexpress.com
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