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Lacklustre trading, price decline mark market; Sensex down six points, 3281.29

Barring a few select counters, share prices declined marginally in a lacklusture trading at the Bombay Stock Exchange today.

Select infotech counters like Infosys Technologies, Wipro and NIIT reported handsome gains in the morning session on the report of possible depreciation of Indian rupee hinted in the Economic Survey presented in Parliament yesterday.

Encouraged by good results of Glaxo, players made considerable purchases at the counter pushing up the Glaxo's price to over Rs 700, dealers said. Burroughs Welcome and Novartis were also in the limelight, they said.

Reflecting the trend, the 30-scrip BSE Sensex opened at 3276.91 points, touched the day's high of 3311.84 points, fell below the 3,300 mark to touch day's low of 3269.39 points, before closing at 3281.29 points, showing a marginal loss of 6.24 points as against the previous close of 3287.53 points.

The broad-based BSE 100 index gained by 0.42 points to 1454.59 points as against the previous close of 1454.17 points. The BSE-200 and Dollex indices closed nominally higher at 336.77 and 131.96 points as against the previous close of 336.30 and 131.77 points respectively.

Total turnover at the BSE declined sharply at Rs 10.52 billion compared to yesterday's total turnover of Rs 13.46 billion.

Reliance topped the list of turnover by registering highest turnover of Rs 1.19 billion, followed by Pentafour Software Rs 848.8 million, Zee Telefilms Rs 732.7 million, Tata Tea Rs 652 million.

Other actively traded counters were Satyam Computers (Rs 54.30 crore), ITC (Rs 490.6 million), Glaxo (Rs 427.2 million), Tisco (Rs 308.5 million), NIIT (Rs 294.8 million), Glaxo (Rs 427.2 million), Digital Equipment (Rs 252.9 million), Telco (Rs 238.3 million), SBI (Rs 226.3 million), IPCL (Rs 189.8 million), BHEL (Rs 174.3 million) and L&T (Rs 169.8 million).

UNI

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