FII value-buying continues, Sensex rises 60 points
Mumbai: Old economy stocks, led by the index stocks ACC, Telco and Grasim, continued bull run and helped the sensex break the upper level of 3,900 mark on Friday. On the last day of the settlement on the BSE, shares of the manufacturing companies rose sharply on value buying by FIIs.

Cement, automobile, FMCG sector stocks were seen increasing in line with the global markets where these stocks are in good demand.

The sensex opened above the 3,900 mark on Friday and touched a high of 3,960 and at the end closed at 3,935, registering a rise of 60 points. At the NSE, S&P CNX Nifty also gained 17.2 points with the index closing at 1,242.

FIIs were seen picking stocks of in Telco, Zee, Satyam, Digital among others. Cement stocks were also in the limelight with ACC and Gujarat Ambuja Cement gaining substantially. Other stocks in the gainers list included Trent Ltd, McDowell, Indian Rayon, Crisil and Castrol.
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