Sensex just added 7.71 pts

The Bombay Stock Exchange benchmark Sensex could just added only 7.71 positive points to 17,134.55 at the close of the day on Thursday. On Wednesday, it touched the mark of 17,000 points but today, only mange to add some good points due to buying selling. On the other hand, the wide-based National Stock Exchange index Nifty could not do well and closed lower by 0.55 points at 5,083. It may be noted that Thursday is the last day of trading due to holidays starting from 2 October. Ahead of this long weekend, buying and selling were done in a big way.

Initial gains were also wiped off due to profit selling by foreign funds triggered by reports of increasing inflation, a fall in August month exports and a weak US manufacturing data. Nevertheless, interested buying in heavyweight stocks averted the market from ending in negative terrain. Bharti, the country's largest private telecom operator, jumped 4% to Rs 435.35 after climbing 12% earlier. Infosys surged by 0.75 % to Rs 2,325.75 on expectations. The two stocks carry nearly 15% weightage on the Sensex.