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December 9, 1997

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NSE-50 Index

Pivotal prices suffered setback on the last day of settlement on the National Stock Exchange today following selling pressure from financial institutions and common investors.

The Nifty opened at 1008.50 points, touched day's high of 1011.50, low of 979.70 points before closing down to 984.05 points, suffering a loss of 24.75 points as against its previous close of 1008.80 points.

The Defty closed 874.80 points over yesterday's close of 897.80 points, losing 23.00 points. The Midcap Index finished at 1124.20 points as compared to last trading day's close of 1137.60 points declining 13.40 points. The total turnover on the exchange was Rs 19.4 billion involving 66.4 million shares.

More than 50 per cent of the total turnover in the exchange was registered by ITC with Rs 10.9 billion, followed RIL Rs 2.9 billion, SBI-N Rs 1.5 billion, Tata Tea Rs 956.7 million, Castrol Rs 438.1 million, ACC Rs 413.8 million, MTNL Rs 210.4 million, TISCO Rs 20.80 million, TELCO Rs 207.4 million, Colgate Rs 204.1 million, Corp Bank Rs 188.9 million, Hind Lever Rs 167. million, Infosys Tech Rs 122.1 million, P and G Rs 117.6 million, Bajaj Auto Rs 106.9 million, BHEL Rs 95.4 million, L and T Rs 62.7 million, BSES Rs 38.2 million, Sterlite Rs 37.9 million, Ranbaxy Rs 31.8 million, Satyam Comp Rs 31.7 million, ICICI Rs 26.6 million, Ponds Rs 24.9 million, Pentsfware Rs 20.5 million and HDFC Bank Rs 19.7 million.

Top gainers on NSE were Cochin Refin, MTNL, TVS Suzuki, BHEL and losers were ITC, Reliance Industries, ICICI, ABB and Bajaj Auto.

UNI

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