Mumbai: Led by a sustained rally in the top heavyweight counters, the SENSEX extended its gains to third straight session and ended above 3300-level at the Bombay Stock Exchange (BSE) on June 6, on fresh buying by operators as well as continued flow of foreign investments.

Infosys Technologies, Tisco, Zee Telefilms, ITC, SBI, MTNL, RIL and HLL that have high weightage in the SENSEX, surged upto a strong finish but failed to maintain the day's higher levels due to selling reportedly by the Unit Trust of India (UTI) which booked profits in select blue chips.

The BSE Benchmark 30-share Index opened moderately higher at 3270.06 and gradually moved upwards to the intra-day high at 3313.54 before ending at 3303.24 as against June 6's close of 3262.20, a net gain of 41.04 points or 1.26 per cent.

The broad-based BSE-100 Index advanced further by 11.02 points to 1691.76 from previous close of 1680.74.

The market could withstand the resistance in the form selling pressure by the UTI because of continuous net investments by foreign funds, brokers said.

Foreign Institutional Investors (FIIs), which have slowed down activity to some extent in the past couple of days, were believed to be heavy buyers in Zee Telefilms, RIL, SBI and a few others.

A leading bull was active attracting speculators to make fresh commitments in a number of stocks, brokers added.

Brokers have turned optimistic that the rally would continue for the next week in the light of consistent flow of foreign investments.

PTI