Shares Suffer Setback
Pivotal prices suffered setback on lack of buying support from financial institutions and common investors at the National Stock Exchange (NSE) yesterday. The NSE-50 index opened at 988.70 points, touched high of 988.90 points, low of 961.95 points and closed at 964.75 points as against its previous close of 991.55 points, suffering a loss of 26.80 points. The Midcap index closed at 1027.13 points over the last trading days close of 1050.41 points, losing 23.28 points.
Hectic trading was witnessed in SBI (Rs 390.16 crore), ITC Limited (Rs 387.26 crore), RIL (Rs 221.47 crore), ACC (Rs 59.84 crore), Tisco (Rs 57.95 crore), Telco (Rs 23.37 crore), Larsen & Toubro (Rs 19.42 crore), BSES (Rs 16.92 crore), Gujarat Ambuja cement (Rs 13.51 crore), Bajaj Auto (Rs 12.04 crore), MTNL (Rs 11.14 crore), HPCL (Rs 5.33 crore), IPCL (Rs 2.99 crore), Tata Power (Rs 2.67 crore), Hindalco (Rs 2.41 crore), Tata Chemical (Rs 2 crore), Asian Paints (Rs 1.97 crore), Colgate (Rs 1.89 crore), Siemens (Rs 1.72 crore), Bhel (Rs 1.66 crore), Oriental Bank (Rs 1.46 crore), The Bank of Rajasthan (Rs 1.33 crore), NIIT (Rs 1.29 crore), Ranbaxy Labs (Rs 1.28 crore) and Hindustan Lever (Rs 1.21 crore) counters.
The top five gainers were Somkan Marine Foods, Datapro Information Techno, Creditcapita Venture, CG Glass and Harig Crankshafts, while losers were Parasrampuria Industries, Somani Inds, UBE Industries, Hindustan Nitroprod Gujarat and BTW industries. Share prices came down marginally on Over the Counter (OTC) Exchange of India following the lack of buying support from bull operators.
The OTC composite index closed at 92.32 points over the previous close of 92.71 points, suffering a loss of 0.39 points. The total turnover on the OTC was Rs 25.10 lakh, involving 76,460 shares and debentures. Major contribution was from the listed equity segment contributing Rs 20.97 lakh. Among the other segments listed debentures contributed Rs 4.13 lakh.
Active trading was witnessed in Aryan Pesticides and Fifth Generation India limited. Major gainers were Aryan Pesticides & Tribology India, while the loser was Fifth Generation India Ltd.