Pivotals Make Small Gains

Image
BSCAL
Last Updated : Dec 09 1997 | 12:00 AM IST

Share prices improved marginally in two-way movements on the National Stock Exchange (NSE) yesterday due to poor support from investors. The NSE-50 opened at 1,006.65 traded in the range of 1,003.20 and 1,014.15 and closed at 1,008.80, showing a marginal rise of 2.50 points.

Dollar NSE-50 (Defty) opened at 898.65, traded between 892.05 and 905.45 and ended at 897.80 with a gain of 0.30 over the previous close of 897.50. The Midcap opened at 1,144.60, touched a low of 1,135.10 and closed at 1,137.60, a decline of 6.20 from the previous close of 1,143.80.

The total turnover was Rs 1,593.58 crores from 492.80 lakh shares and in 1,34,019 trades. ITC topped the list of the 25 top traded securities with a turnover of Rs 952.97 crores, followed by SBI-N Rs 170.72 crores, RIL Rs 163.96 crores, Tata Tea Rs 81.48 crores and ACC Rs 23.69 crores.

Among other leading securities were Corp Bank (Rs 22.10 crs), Telco (Rs 16.92 crs), Castrol (Rs 16.80 crs), Tisco (Rs 15.38 crs), Colgate (Rs 15.23 crs), MTNL (Rs 14.11 crs), HLL (Rs 13.31 crs), P&G (Rs 9.18 crs), Bajaj Auto (Rs 8.21 crs), Infosys Tech (Rs 7.51 crs), Bhel (Rs 7.03 crs), Britannia (Rs 2.71 crs), Siemens (Rs 2.68 crs), BSES (Rs 2.58 crs), L&T (Rs 2.47 crs), HPCL (Rs 2.32 crs), Sterlite (Rs 1.98 crs), Hindalco (Rs 1.98 crs), Satyam Comp (Rs 1.97 crs) and LML (Rs 1.79 crs).

The top five Nifty gainers were HDFC Bank Rs 72.80 (Rs 70.55), Tata Power Rs 103.95 (Rs 100.95), RIL Rs 167.55 (163.30), MRPL Rs 19.10 (Rs 18.70) and SBI-N Rs 217.60 (Rs 213.10).

The top five losers were Essar Steel Rs 15.20 (Rs 15.55), Indo Gulf Rs 35.00 (Rs 35.75), Tata Chem Rs 141.70 (Rs 144.10), ABB Rs 489.35 (Rs 496.70) and Nestle Rs 248.15 (Rs 251.85).

Meanwhile, equities registered a moderate fall on selling pressure by investors on the Otcei. The composite index closed at 109.74, a decline of 0.42 points. The total turnover was Rs 1.52 crores involving 1,42,205 shares and debentures. Listed equity contributed Rs 13.07 lakh involving 49,500 shares. Brisk activity was seen in IIS Infotech where 15,300 shares valued at Rs 12.03 lakh were traded.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 09 1997 | 12:00 AM IST

Next Story