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PSE stocks suffer setback

MUMBAI APRIL 25. Led by HPCL, public sector enterprises stocks suffered a sharp setback in an otherwise mixed pattern of trading on the Bombay Stock Exchange, Mumbai today due to heavy selling triggered by indication of further delay in disinvestments. The BSE barometer that extended its losing string to fourth straight session, managed to minimise its losses on the back of impressive gains by IT heavyweights , besides old economy shares such as Grasim, MTNL and a few others.

The BSE benchmark-30 share index opened marginally down at 2935.08 and later fluctuated in a narrow range between 2937.59 and 2908.29 before ending at 2924.03 against 2937.23, netting a fall of 13.20 points.

PTI

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