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Sensex up 16.94 points in dull market

Market brokers said that the foreign institutional investors stayed away from the market on the second consecutive day. The market sentiment was ruled by local operators on both the buying and selling side as ITC bought more than 100,000 shares while select scrips like ACC, Tisco, Telco, Tata Tea, Reliance, and L and T saw an upward movement.

The BSE Sensitive index opened at 3907.75 points and advanced to a high of 3924.42 points for the day. It later lowered to 3895.71 points and finally closed at 3924.42 points showing a net gain of 16.94 points. The BSE 100, on the other hand, closed at 1739.11 points showing an increase of 9.67 points from its previous close of 1729.44. The BSE 200 ended with 394.64 points and dollex closed at 162.27 points, leading brokers said.

The total turnover was Rs 11.8 billion involving 49.1 million shares in 139,412 trades.

ITC registered the highest volume of Rs 2 billion, ACC Rs 1.1 million, Pentafour S Rs 946.9 million, SBI Rs 696.8 million, Satyam Comp Rs 764.5 million, Reliance Rs 429.3 million, Tata Tea Rs 370.1 million, BPL Limited Rs 276.9 million, MTNL Rs 99.2 million, Videocon Int Rs 322.3 million, Sterlite Rs 238.7 million and Castrol Rs 287.6 million in the specified counters.

Among other active scrips were: BFL Software (Rs 141.6 million), Software Sol (Rs 64.4 million), Maars Software (Rs 32 million), Paper Prod (Rs 32 million), Leading Edge (Rs 29.9 million), Him Fut Comm (Rs 29.8 million), Max India (Rs 29.1 million), Rolta (Rs 27.4 million), Silverline I (Rs 24.3 million), India Cement (Rs 21.5 million), Ipca Labs (Rs 19.8 million), Global Tele (Rs 13.7 million) and Penta Comm (Rs 11.3 million) at "B1" counters.

UNI