Shares Go Up Marginally

Pivotal prices moved up marginally after buying support from bull operators and financial institutions on the last day of current settlement cycles on the National Stock Exchange (NSE) yesterday.

Market sources said that being the last day most of the bull operators were busy in squaring up their position. The NSE-50 index opened at 1111.75 points, reached days high of 1121.40 points, low of 1098.20 points and closed at 1117.30 points as compared to previous close of 1107.70 points, gaining 9.60 points.

However, Midcap index declined by 4.13 points to 1166.43 points as against the last trading days close of 1170.56 points. The total turnover was 1865.22 crore, involving 783.88 lakh shares.

The ITC registered highest volume of Rs 561.53 crore, followed by SBI (Rs 478.09 cr), Reliance Industries (Rs 320.15 cr), Tisco (Rs 150.96 cr), ACC (Rs 46.78 cr), L&T (Rs 43.68 cr), Telco (Rs 40.89 cr), MTNL (Rs 24.77 cr), BSES (Rs 22.73 cr), Bajaj Auto (Rs 14.04 cr), Castrol India (Rs 10.94 cr), Oriental Bank (Rs 8.84 cr), Hindustan Lever (Rs 6.16 cr), Gujarat Ambuja Cement (Rs 6.11 cr), Tata Power (Rs 5.67 cr), Colgate (Rs 5.38 cr), HPCL (Rs 3.89 cr), IPCL (Rs 3.7 cr), ICICI (Rs 3.68 cr), Dr Reddy (Rs 3.26 cr), Sterlite (Rs 3.15 cr), Hindalco (Rs 2.82 cr), BoB 6PD up (Rs 2.43 cr), Arvind Mills (Rs 2.41 cr) and HDFC (Rs 2.27 cr) counters.

The top five gainers were Nihon Nirmaan, Gem Spinners, Indokem, Chokhani International and Regency Ceramic. While, losers were IFGL Refractories, Grapco Industries, Stibene Chemiclas, Pan Asia Global and Leena Textiles.

Meanwhile, on the Over the Counter (OTC) Exchange of India shares reacted on lack of investors. The OTC composite index closed at 95.08 points over the previous close of 95.70 points, losing 0.62 points.

The total turnover was Rs 162.02 lakh, involving 1.35 lakh shares and debentures from which listed debentures contributed Rs 119.42 lakh. Listed equities contributed Rs 32.10 lakh. In listed equities active trading was witnessed in Asso Transrail Structure. While, in debentures trading was witnessed in Arvind Mills. The major gainer was Pondicherry Spinners, while losers were ACP Industries and Fifth Generation India. UNI