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December 2, 1997

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BSE Sensitive Index

Sensex dips slightly

Speculatives declined moderately on the Bombay Stock Exchange today despite continued buying support from domestic institutional investors.

According to marketmen, the major players have adopted a ''wait-and-watch attitude'' in view of the political uncertainty at the Centre.

Unit Trust of India and Life Insurance Corporation made purchases in select scrips while the foreign institutional investors bought a small amount of shares at the Bajaj Auto counter. The market also remained unaffected by the major fall of the rupee in the interbank foreign exchange market.

The BSE Sensex on a better note at 3566.53 as against the previous close of 3553.48, crossed the important mark of 3600 and touched the day's high of 3601.43, then fell below 3600 mark to touch day's low of 3538.00 and later closed at 3553.48, showing a net loss of 16.17 points over the previous close.

The broadbased BSE-100 Index declined by 6.77 points to 1540.00 against the previous close of 1546.77.

The BSE-200 and Dollex indices closed lower 4.26 and 1.55 points to 345.72 and 145.64 points against the previous close of 347.27 and 149.90 points respectively.

UNI

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