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Sensex crosses 4000 mark during day; ends at 3992.72 points

BSE vice-president Rajendra Banthia said that there heavy buying support from the foreign institutional investors, who bought a good amount of ITC and TELCO shares.

He said the non-specified shares were also moving up and Sensex will reach around 4500 mark by the time of presentation of union budget.

Mirroring the uptrend, the BSE Sensitive index (30 scrips) opened higher at 3986.60 points, touched day's high of 4049.66 points, registering an intraday gain of 80 points. It fell to touch day's low of 3978.31 points, before closing at below the 4000 mark at 3992.72 points, showing a net gain of 23.15 points as against the previous close of 3969.57 points.

The BSE-100 National index also moved up to 1737.80 points over the last trading day's close of 1732.12 points gaining 05.68 points.

The BSE-200 and Dollex index finished at 385.94 and 162.75 points as compared to yesterday's close of 384.50 and 162.07 points increasing by 01.44 and 0.68 points respectively.

Marketmen said that the sentiment in the market was good with the common investors returning to invest in both the specified and non-specified scrips.

The market opened with overnight's buying spree by the FIIs and bull operators which flared up share prices to recent high. Immediately, domestic institutions and speculators entered the market and started booking profit at higher level pulled down the Sensex from the day's high to close at 3992.72 points, marketmen added.

During the last month the FIIs invested Rs 4.75 billion in the Indian capital market.

The total turnover was Rs 14.7 billion involving 63.8 million shares in 157,770 trades. Out of 7,003 scrips, a total number of 1,725 scrips were traded on BOLT system.

ITC has registered highest turnover of Rs 3.4 billion, followed by TELCO Rs 1.4 billion, Castrol Ind Rs 869.1 million, Tata Tea Rs 741.1 million, reliance Rs 734.2 million, BHEL Rs 547.1 million, SBI Rs 479.7 million, Sterlite (P) Rs 453.1 million, MTNL Rs 439.4 million, TISCO Rs 350.5 million, Bajaj Auto Rs 350.1 million, Nestle Rs 328.2 million, Hind Lever Rs 301.5 million, ACC Rs 273.8 million and L and T Rs 176.4 million in the specified counters.

good transactions were observed at Hoechst AG Rs 32.7 million, Aptech 17.6 million, Wipro Rs 11.7 million, BFL Softwar Rs 11.7 million, Tata Infotec Rs 9.2 million, Fulford Rs 7.6 million, Federal Bank Rs 7.4 million, Coats Vi 7, Mastek Rs 6.7 million, and United Brew Rs 6.5 million in the non-specified counters.

UNI