Though volatile in the opening trades, the market gained a firm ground as trading progressed. While the institutional activity was limited, the buying on the bourses was largely speculative in nature following a couple of positive developments. While the US markets closed firm on Wednesday, foreign institutional investors remained net buyers on the Indian bourses on Tuesday to the extent of Rs 35 cr. While no major institutional buying was heard of, operators were sellers on the speculative counters. Stock-specific interest was observed on a select counters.
Players say the market is in a correction mode, which is a healthy sign.
After shedding 132 points on Wednesday, the market regained part of its lost ground on Thursday as fresh buying interest emerged on a select Old as well as New Economy heavyweights. Though volatile in the opening trades, the market gained a firm ground as trading progressed. If so, please contact us . Send them in . Shyamala visits a temple inside a church in Ireland.