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Operators square positions on NSE settlement closing; Sensex down 45 points to 4594.12

Pivotals witnessed retreat at the Bombay Stock Exchange on squaring off long-term positions by players in view of the last day of weekly settlement at the National Stock Exchange coupled with profit-booking by speculators today.

Volatile trading was noticed in the infotech counters where a few of heavy-weighted scrips posted smart gains while others dropped considerably, dealers said. Apart from infotech, the FMCG major Hindustan Lever, Telco, ITC and a few others fell sharply on selling pressure, dealers said.

Mirroring the trend, the 30-scrip BSE Sensitive Index opened at 4630.80 points which was also the day's high. Then it fell below the 4,600 mark and touched a day's low of 4575.63 points, before closing at 4594.12 points, showing a net loss of 45.08 points or 0.97 per cent from the previous close of 4639.20 points.

The broad-based BSE-100 scrip index declined by 18.81 points to 2027.79 points as against the previous close of 2046.60 points. The newly introduced BSE-500 index eased by 7.67 points from the previous close of 1365.63 points.

Major negotiated deals were reported at the counters led by Aptech, Cyberspace, Alcon Engineering, GE Shipping, Hero Honda, Nalco, Onward Technology, Calcatta Electricity, Thermax, Zee Telefilms and Siemens.

UNI

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