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April 20, 1998

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NSE-50 Index

Mixed day sees Nifty lose 2.85 points

A mixed trend prevailed on the National Stock Exchange as pivotal prices fluctuated moderately, following hectic trading of selling and buying bouts. Prices opened on a steady note and registered intraday highs before losing ground towards the end of the trading session.

The NSE-50 opened at 1210.05 points, touched the day's high of 1222.55 points, low of 1202.20 points and closed at 1207.15 points, suffering a loss of 2.85 points as against the previous close of 1210.00 points. The Dollar NSE-50 index finished at 1054.80 points over the last trading day's close of 1056.45 points, decreasing by 1.65 points. However, the Midcap index improved by 12.50 points to 1653.70 points as compared to previous close of 1641.20 points.

The total turnover on the exchange was Rs 14.4 billion involving 69.6 million in 240,889 trades. About 256 securities have hit their daily price circuit break.

ITC registered the highest turnover of Rs 2.6 billion followed by RIL Rs 1.4 billion, Castrol Rs 1.3 billion, SBI-N Rs 1 billion, Hind Lever Rs 645.3 million, Tata Tea Rs 431.3 million, ACC Rs 417.6 million, BHEL Rs 342.9 million, Infosys Tech Rs 310.3 million, Sterlite Rs 305.2 million, ICICI Rs 297.9 million, Telco Rs 263.1 million, Tisco Rs 255 million, Corp Bank Rs 199.2 million, ABB Rs 185.3 million, Wart Diesel Rs 182.2 million, Pfizer Rs 156.3 million, Tata Chem Rs 153.4 million, Hindalco Rs 145 million, LML Rs 133 million, Digital Eqp Rs 126.4 million, BSES Rs 120.9 million, Bank of Baroda Rs 109.8 million, P&G Rs 109.2 million and MTNL Rs 99.5 million.

Top gainers were ABB rose to Rs 672.1 from Rs 629.20, Ashok Ley drifted higher to Rs 57.35 from Rs 54, Tata Chem to Rs 189.65 from Rs 181.1, Ranbaxy to Rs 743.8 from Rs 718.05 and Thermax to Rs 257.35 from Rs 248.85, while, losers were IndoGulf declined to Rs 45.35 from Rs 47.90, MRPL came down to Rs 21.55 from Rs 22.60, IFCI eased to Rs 37.95 from Rs 39.5, GE Shipping decreased to Rs 45.30 from Rs 46.90 and Arvind Mills slipped to Rs 79 from Rs 81.5.

UNI

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