Stock exchange on a 219 point recovery
Mumbai: In the continuing game of see-saw being played by the new economy stocks, yesterday saw almost all technology, media and telecom stocks doing well on the bourses, propelled by strong institutional buying. This was the result of the announcement of several fresh concessions to knowledge-based industries, by the finance minister As a result of this rally, the benchmark BSE-30 stock sensitive index rebounded by a hefty 219 points to 4,554. Analysts were, however, hesitant to state if this rally would sustain, given the settlement day on Friday.

In all, 980 scrips advanced, twice as many as the number of declining scrips, which stood at 554.
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