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Market takes Clinton's sanction for modest rally; Sensex up 12 points, 2816.59

Lifting of economic sanctions by the United States imposed on India after the nuclear tests boosted market sentiments, allowing the Sensex of the Bombay Stock Exchange to stage a modest rally today.

The benchmark BSE-30 Sensitive Index ended at 2816.59, up 12.56 points from the previous close of 2804.03. The Sensex opened at 2819.63 and witnessed a high and low of 2833.91 and 2804.52 respectively.

According to marketmen, local and upcountry operators were active in buying key index-based scrips. Foreign institutional investors sold Telco, SBI, HPCL and BPCL at higher levels.

Domestic financial institutions did two-way trades at attractive prices, brokers informed.

The BSE-100 index ended at 1255.88, climbing 5.71 points, bse-200 index gained 1.28 points to end at 292.25, while Dollex index closed the day at 114.30 points, up 0.53 points.

The total turnover on the BOLT network was Rs 8.43 billion from trading in 43.2 million shares.

ITC topped the turnover list with Rs 1.32 billion followed by Satyam Computers (Rs 1.27 billion), Reliance (Rs 987.6 million), SBI (Rs 762.8 million), Zee Telefilms (Rs 458.6 million) and Pentafour (Rs 442.6 million).

Other actively traded scrips were Telco, Tisco, MTNL, BHEL, Dr Reddy's, Castrol India, ACC, NIIT and Infosys Technologies. UNI

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