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September 26, 1997

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Nifty goes up slightly by 4.75 points

Pivotal values improved further on buying support from the foreign institutional investors and bull operators on the National Stock Exchange in Bombay on Friday.

The NSE-50 index opened at 1111.65 points, touched the day's high of 1122.25 points, low of 1111.65 points, closed at 1116.10 points showing a gain of 4.75 points over the previous day's close of 1111.35 points.

The Midcap Index finished at 1252.05 points as against the Thursday's close of 1247.75 points gaining 4.30 points. The total turnover on the exchange was Rs 14.6 billion involving 47.7 million shares.

Hectic trading was observed at the ITC (Rs 4.9 million), RIL (Rs 3.2 billion), Tata Tea (Rs 2.2 billion), SBI-N (Rs 1 billion), BHEL (Rs 402.9 million), Saytam Comp (Rs 301.7 million), TELCO (Rs 238 million), Hind Lever (Rs 226 million), ACC (Rs 218.2 million), TISCO (Rs 213.2 million), Castrol (Rs 188.4 million), ICICI Bank (Rs 161.5 million), L&T ( Rs 95 million), HDFC (Rs 73.7 million), Bank of Baroda (Rs 72.3 million), Bajaj Auto (Rs 72.1 million), Ponds (Rs 70 million), Colgate (Rs 67.6 million), Tata Infotech (Rs 46.5 million), Tata Power (Rs 26.5 million), Guj Amb Cem (Rs 26.2 million) and Rel Capital (Rs 26.2 million) counters.

The five top gainers were HDFC, Tata Power, BHEL, ICICI, and Mahindra and Mahindra, while the losers were Thermax, MTNL, Castrol, Rel Capital and Grasim.

UNI

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