Scrips Recover On Buying Support

Pivotal prices recovered on buying support from bull operators and financial institutional investors on the first day of the settlement on the National Stock Exchange yesterday.
The NSE-50 index opened at 1144.25 points, touched days high of 1167.95 points, low of 1122.95 points and closed at 1132.90 points as against its previous close of 1117.30 points, showing a gain of 15.60 points.
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Reliance Industries Ltd registered the highest volume of Rs 688.13 crore out of total turnover of Rs 2436.22 crore, involving 975.95 lakh shares. Other counters which saw hectic trading were State Bank of India (Rs 534.96 cr), ITC (Rs 526.33 cr), Tata Steel (Rs 192.62 cr), Associated Cement Company (Rs 91.86 cr), Telco (Rs 53.29 cr), Larsen & Toubro (Rs 46.85 cr), Mahanagar Telephone Nigam Ltd (Rs 43.85 cr), Bombay Suburban Electric Supply (Rs 23.11 cr), Castrol India (Rs 16.36 cr), Bajaj Auto (Rs 14.71 cr), Oriental Bank (Rs 14.67 cr), Colgate (Rs 10.24 cr), Guj Ambuja Cement (Rs 9.52 cr), ICICI (Rs 6.26 cr), Sterlite (Rs 5.91 cr), Ranbaxy (Rs 5.71 cr), BoB 6PD UP (Rs 5.45 cr), Hindustan Lever (Rs 5.14 cr), Dr Reddy (Rs 4.9 cr), IPCL (Rs 4.76 cr), Arvind Mills (Rs 4.74 cr), Tata Power (Rs 4.31 cr), NIIT (Rs 4.06 cr) and Hindalco (Rs 3.62 cr) counters.
Top five gainers were Datapro Information Tech, Thapar Milk, Kanakdhara Steel, Dewan Steels and Modi Telefibers. While, losers were Hytaisun Magnetics, Spic Electronics and Syst, Arihand Credit Capital, Maikaal Fibres and UB Petroproducts.
Share prices improved marginally on renewed buying support from common investors and financial institutions in Over The Counter (OTC) Exchange of India.
The OTC composite index closed at 95.55 points over the last trading days close of 95.08 points, gaining 0.47 points. The total turnover was Rs 17.49 lakh, involving 0.61 lakh shares and debentures. Major contribution was from the listed equity contributing Rs 8.44 lakh.
Among the other segments listed debentures contributed Rs 7.81 lakh. Active trading was seen in Biochem Synergy. The major gainer was Suketu Fashions. While the major loser was Fifth Generation India. - UNI
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First Published: Mar 06 1997 | 12:00 AM IST

