COMMENTARY
INTERVIEWS
SPECIALS
CHAT
ARCHIVES

Nifty fluctuates 65 points, falls by 24.9 points

Pivotals opened on a distinctly weak note, recovered partially on good buying support, yet suffered moderate loss at close in volatile trading on the National Stock Exchange today.

Mirroring the downtrend, the NSE-50 index crashed by 24.90 points to 968.60 as against 993.50 of the previous day after registering a wide range movement of about 65 points. The Dollar NSE-50 index also went down sharply by 20.65 points to 802.95 from the previous close of 823.60 points after a high volatility of about 55 points.

The Midcap index fell down by 82.60 points to 1331.25 points from 823.60 points of the last working day, after touching the day's low of 1302.85 and jumping to a high of 1415.90 points.

The total turnover involving 71.4 million shares in 214,042 trades was Rs 18.41 billion and 231 securities hit their price bands,93 securities advanced, 883 declined, while 38 remained unchanged today.

ITC continued to be on the top in turnover with Rs 6.4 billion, followed by SBI-N Rs 1.4 billion, Reliance Rs 1.2 billion, Zee Tele Rs 934.7 million, Satyam Comp Rs 871.9 million, Hind Lever Rs 695.8 million, ACC Rs 632.4 million, BPL Rs 613.8 million, Telco Rs 578.1 million, Tisco Rs 529.8 million, Tata Tea Rs 406.1 million, Pentsfware Rs 354.6 million, and L&T Rs 310.9 million.

The other actively traded counters included BFL Softwar Rs 272.1 million, Castrol Rs 245.6 million, ICICI Rs 227.7 million, Wipro Rs 225 million, Infosys Tech Rs 168.1 million, Wart Diesel Rs 112.8 million, MTNL Rs 104 million, BHEL Rs 102.4 million, Bajaj Auto Rs 98.8 million, Corp Bank Rs 80.3 million, Videocon Int Rs 70.3 million, and LML Rs 59.5 million.

Hind Petro toped the gainers list with 5.16 per cent increase, followed by IndoGulf 3.65 per cent, Ranbaxy 1.18 per cent, M&M 0.97 per cent and BHEL 0.93 per cent while Orient Bank figured first in the losers list by 9.71 per cent lose, followd by HDFC 9.38 per cent, ICICI 8.63 per cent, Arvind Mills 8.54 per cent, and TVS Suzuki 7.10 per cent.

UNI