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FII buying-selling, FIs' pivotals-offloading keeps market quiet, Sensex at 4898

Equities suffered a minor setback on profit- booking by punters pushing the Sensex below the 4,900-mark at the Bombay Stock Exchange today.

The BSE-30 Sensitive Index opened at 4915.80, witnessed a high and low of 4917.41 and 4876.81 respectively and ended at 4898.21, showing a net loss of 7.68 points or 0.15 per cent over Monday's close..

Most scrips remained steady at the exchange, though Reliance ended higher at Rs 194, leading brokers said.

According to marketmen, foreign institutional investors bought nominal quantity in a broad-range of scrips during early deals, but were sellers during the later part of the day.

Domestic financial institutions booked profits at higher levels by selling key pivotals.

Expectations of the bull operators taking the Sensex past the 5000 mark could not be realised as the trading remained lacklustre, brokers added.

Mirroring the downtrend, the BSE-100 index ended 4.70 points lower at 2192.94 as against the previous close of 2197.64.

The BSE-200 and Dollex indices ended 0.96 and 0.32 points lower at 503.45 and 192.78 respectively.

The BSE-500 index ended at 1485.82, marking a fall of 3.87 points over the last close of 1489.69.

ACC ended at Rs 253, Glaxo at Rs 705, IPCL at Rs 135, Hindalco at Rs 918, ICICI at Rs 80, ITC at Rs 1027, Colgate at Rs 280, BPCL at Rs 272, SBI at Rs 242, Ranbaxy at Rs 1135 and L&T at Rs 392.

Meanwhile, at the National Stock Exchange, the S&P CNX Nifty ended 10.60 points lower at 1412 as against the previous close of 1422.60.

The total turnover on the BOLT network was Rs 22.33 billion from trading in 92.6 million shares.

Reliance topped the turnover list with Rs 1.86 billion followed by Ranbaxy Labs (Rs 1.81 billion) and Digital Equipment (Rs 1.76 billion).

Other scrips that recorded a high turnover were Zee Telefilms, Satyam Computers, Pentafour Software, PSI, ITC, ACC, Tata Tea, Telco, L&T, Tisco, Tata Chemicals and BPL.

UNI

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