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Moderate recovery marks new settlement opening; Nifty up over 26 points, 843.55

Share prices exhibited a moderate recovery on good buying support from bull operators on the opening day of the current settlement at the National Stock Exchange today.

Reflecting the uptrend, the S&P CNX Nifty recovered by 26.80 points to 843.55 points from 816.75 points of the previous day.

The CNX Nifty Junior shot up by 45.70 points to 1455.40 points from 1409.70 points while the S&P CNX Defty moved up by 22.55 points to 690.75 points from 668.40 points.

The S&P CNX 500 index rose by 14.04 points to 581.43 points from 567.39 points and CNX Midcap 200 index improved by 14.12 points to 515.79 points from 501.67 points.

The total turnover, involving 62.07 million shares, in 208,410 trades, was Rs 16.26 billion and the debentures traded value was Rs 3.66 million.

About 603 scrips gained, 302 lost and 76 remained unchanged. About 70 securities have hit their price bands today.

However, foreign and domestic institutional investors were net sellers today worth Rs 371.1 million and Rs 52.3 million respectively.

The top S&P CNX Nifty gainers were: IDBI 8.12 per cent to Rs 39.95, Bank of India 8.04 per cent to Rs 24.20, Bajaj Auto 8 per cent to Rs 560.70, BHEL 7.84 per cent to Rs 233.05 and SBI New 7.83 per cent to Rs 165.95.

The top losers were: IPCL 3.29 per cent to Rs 51.50, Tata Power 1.61 per cent to Rs 85.30, India Hotels 1.54 per cent to Rs 403.35, ABB 0.82 per cent to Rs 523.10 and Hindustan Lever 0.63 per cent to Rs 1680.75.

Satyam Computers registered the highest turnover of Rs 3.13 billion, followed by ITC (Rs 2.71 billion), Zee Telefilms (Rs 1.66 billion), Pentafour Software (Rs 1.33 billion), SBIN (Rs 1.10 billion), Reliance (Rs 949.1 million), HCL-HP (Rs 714.4 million), Infosys Technologies (Rs 594.1 million), Digital Equipment (Rs 260.4 million), BHEL (Rs 211.5 million), Castrol (Rs 204.4 million), MTNL (Rs 195.2 million) and Dr Reddy's (Rs 187 million).

The other actively traded counters were: Sterlite (Rs 185.3 million), ACC (Rs 169.7 million), Telco (Rs 166.6 million), L&T (Rs 164.5 million), NIIT (Rs 164.1 million), BFL Software (Rs 153.5 million), Tata Tea (Rs 137.5 million), Hindustan Lever (Rs 133.8 million), Tisco (Rs 112.9 million), Silverline (Rs 102.6 million), Leadedsys (Rs 92.6 million) and Bajaj Auto (Rs 90.6 million).

UNI