COMMENTARY
INTERVIEWS
SPECIALS
CHAT
ARCHIVES

Pivotals make marginal gains; Nifty up 13 points to 1024.20

Pivotals recovered the initial loss and ended with marginal gain on fresh buying support from bull operators on the last day of the current settlement at the National Stock Exchange today.

Mirroring the positive sentiment, the S&P CNX Nifty opened lower at 999.80 points, touched the low of 993 and high of 1025.95 before closing at 1024.20 points, gaining 12.80 points.

The S&P CNX Defty rose by 6.40 points to 832.25 points from 825.85 points while the S&P CNX 500 inched up by 1.98 points to 716.75 points. The CNX Nifty Junior drifted lower by 3.25 points to 1951.20 points and CNX Midcap 200 eased by 3.03 points to 658.04 points from 661.07 points of the previous day.

The total turnover, involving 70.97 million shares in 284,580 trades, stood at Rs 22.63 billion and the debentures traded were valued at Rs 5.19 million.

About 389 shares gained, 650 lost, 74 remained unchanged while 160 securities hit their price bands today.

The top S&P CNX Nifty gainers included Reliance Capital which shot up by 8.06 per cent to Rs 33.50 from Rs 31, Tata Power Rs 73.95 (68.45), BSES Rs 155.65 (144.10), HDFC Bank Rs 68.75 (63.65) and ITC Rs 950.40 (880).

The top losers were: BHEL Rs 205.60 (217.15), Hero Honda Rs 775 (804), India Hotel Rs 292.50 (303), Telco Rs 148 (153.25) and SBI New Rs 185 (190.30).

Pentafour Software registered the highest turnover of Rs 3.99 billion, followed by Satyam Computers Rs 3.71 billion, ITC Rs 2.91 billion, Rolta Rs 948.1 million, SBI Rs 779.7 million, Reliance Rs 721.9 million, Ranbaxy Rs 713.9 million, Silverline Rs 702.9 million, Digital Equipment Rs 616.3 million, HCL-HP Rs 609.8 million, Tata Tea Rs 440.4 million, ACC Rs 434.1 million and Infosys Technologies Rs 346.5 million.

The other actively traded counters were: L&T Rs 330.8 million, Square D Software Rs 302.7 million, Zee Telefilms Rs 227.5 million, NIIT Rs 193.9 million, Hindustan Lever Rs 182.9 million, Pfizer Rs 182.3 million, Global Telesystems Rs 170.9 million, Ranbaxy Rs 162.5 million, Thomas Cook Rs 158.3 million, BPL Rs 153.2 million, Castrol Rs 144.2 million and Sterlite Rs 141.5 million.

UNI

Business news