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Nifty up 17.15 points

Pivotal prices recovered moderately on buying support from financial institutions and bull operators on the last day of settlement at the National Stock Exchange today.

The market opened on a buoyant note and moved up, but could not sustain the peak level and began falling, but still closed higher.

The NSE-50 index opened nearly steady at 974.65 points, touched day's high of 1002.15 points, low of 974.65 points and closed at 991.70 points, showing a net gain of 17.15 points against the previous close of 974.55 points.

The Dollar NSE-50 index closed at 883.90 points over yesterday's close of 873.75 points, gaining 10.15 points. The Midcap index finished at 1090.00 points compared to the last trading day's close of 1065.50 points, gaining 24.50 points.

The total turnover on the exchange was Rs 13.85 billion, involving 45.78 million shares.

The top gainers were Glaxo which increased by Rs 28.7 to Rs 363.75, Guj Amb Cem by Rs 19.5 to Rs 255.95, Grasim by Rs 14.55 to Rs 280.45, BSES by Rs 9.2 to Rs 180, EI Hotels by Rs 13.55 to Rs 313.65. The losers were MRPL by Re 0.95 to Rs 16, Arvind Mills by Rs 1.6 to Rs 54.30, IDBI by Rs 1.3 to Rs 75.70, MTNL Rs 3.75 to Rs 226.40 and Thermax by Rs 2.3 to Rs 147.55.

ITC registered the highest turnover of Rs 4.9 billion, followed by Hind Lever Rs 2.5 billion, Castrol Rs 1 billion, Tata Tea Rs 888.4 million, Reliance Rs 758.4,MTNL Rs 532.7 million, SBI-N Rs 522.1 million, LML Rs 286.8 million, Ponds Rs 269.3 million, TELCO Rs 238.1 million, ACC Rs 228.1 million, Bajaj Auto Rs 198.2 million, L and T Rs 130.4 million, Corp Bank Rs 112.5 million, TISCO Rs 111 million, BSES Rs 86.4 million, BHEL Rs 66.9 million, Glaxo Rs 61.3 million, Nestle Rs 49.9 million, Aptech Rs 41.9 million, Sterlite Rs 38.7 million, BPL Rs 38.3 million, M&M Rs 37.3 million, HPCL Rs 35.1 million, ICICI Rs 35 million.

UNI