Good Kick-Off

Trading in the Calcutta Stock Exchange got off to a good start on the new year, which reflected fresh support to some of the key scrips.

There was brisk activity in the non-specified list where several counters posted noticeable gains over their previous closings. Brokers felt encouraged at the turn as the rising trend in this list would attract the attention of individual investors who had stayed away from the market for quite some time. The turnover was moderate and undertone fully steady, brokers said.

The rise in prices reflected in the increase in CSEs 50-share index which closed at 103.72 points after moving between 104.11 and 102.44 points. In the specified list ACC closed at Rs 1391, Tisco at Rs 135.10 and Tata Tea at Rs 427.10, while ITC finished at Rs 623.10, SBI at Rs 245.90, Reliance at Rs 168.10, Telco at Rs 298, Hind Lever at Rs 1395 and Bata at Rs 169.50.

 

L &T wound up at Rs 204.90, CESC at Rs 33.25, Hind Motor at Rs 12.65, Hindalco at Rs 750, Indo Gulf at Rs 38.50, IPCL at Rs 74, ICICI at Rs 77.30 and IFCL at Rs 33.35. In the non-specified list, Balarampur Chini was quoted at Rs 103, Bank of India at Rs 40.40 and Colgate at Rs 261.80. ITC Agro finished at Rs 81.90 and Master Gain stood at Rs 10.90.