31. Dealers said old economy stocks largely remained lacklustre, except for action in some auto and cement shares. 32. Dealers said select old economy stocks witnessed fund buying. 33. Dealers said the rally in state-owned stocks also spread to other old and new economy stocks. 34. Emerging market old economy stocks are also starting to offer a viable alternative to US new economy shares, Merrill said. 35. On Friday, share prices closed sharply higher led by blue chip Reliance Industries and other software and old economy stocks on institutional buying, dealers said. |