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Nifty up by 24.75 points

Share prices firmed up moderately on the national stock exchange on better buying support by foreign institutional investors, domestic institutional investors as well as bull operators.

Mirroring the upbeat sentiment in the market, the NSE-50 index zoomed up by 24.75 points to 949.10 points from 924.35 points of the previous day. The Dollar NSE-50 also shot up by 21.75 points to 773 points against 751.25 points the previous day.

The Midcap index went up by 27.20 points to 1358.20 points as compared to 1331 points on last Friday. The total turnover, involving 39.8 million shares in 124,726 trades was Rs 75.1 billion. About 512 scrips firmed up, 383 declined, 82 remained unchanged and 63 securities hit their price bands today.

Tobacco giant ITC recorded the highest turnover of Rs 2.5 billion, followed by SBI-N (690.7 million), Reliance (409.2 million), Telco (381.3 million), Infosys Tech (306.8 million), Castrol (268 million), ACC (255.1 million), Tata Tea (185 million), L and T (176.6 million), Satyam Comp (163.7 million), Wipro (156.3 million), Rel Petro (151.8 million), BFL Software (137 million).

The other counters which witnessed hectic activity were Tisco (115.3 million), Hind Lever (103.6 million), MTNL (103.1 million), BSES (102.1 million), BHEL (100.2 million), NIIT (91.9 million), LML (84.7 million), Aptech (73.5 million), Sterlite (63.3 million), Bank of Baroda (42 million), Raymond (40.8 million), and Bajaj Auto (3.86 million).

Grasim toped the gainers list with 9.98 per cent increase to Rs 346.55, followed by MTNL by 9.90 per cent to Rs 187.65, HDFC by 9.07 per cent to Rs 3080.70, Ind Rayon 8.59 per cent to Rs 193.50 and Asian Paint 7.18 per cent to Rs 241.20.

MRPL suffered the highest lose of 2.14 per cent to Rs 16, followed by Ashok Leyl 1.61 per cent to Rs 45.80, EI Hotels 1.31 per cent to Rs 230.05, Rel Petro 0.72 per cent to Rs 20.75 and Telco 0.30 per cent to Rs 167.10.

FIIs today purchased shares worth Rs 159.4 million and sold for Rs 65.4 million, indicating an inflow of foreign funds of Rs 94 million in the market.

UNI