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Sensex gains 25.69 points on a quiet day

Reflecting the trend, the BSE Sensitive index opened at 3620.92 and touched the day's high of 3651.42 points and later ended at 3633.92 points, showing a net gain of 25.69 points over the previous close of 3607.69 points.

The broad-based BSE-100 index also recovered by 11.16 points to 1574.93 points as against the previous close of 1563.77 points. The BSE-200 and Dollex indices closed higher by 2.05 and 0.38 points to 351.18 and 149.00 points over the previous close of 349.13 and 148.62 points respectively.

Foreign institutional investors and domestic institutional investors made moderate purchases at select counters like Tata Tea, Hero Honda and Hind Lever.

This is the first time in the history of the BSE that it has reduced its weeklong Christmas holidays to a single day. The market was closed yesterday but opened today and business was as usual. Most of the operators were squaring up their positions in view of end of weekly settlement.

Since the overseas markets were closed on account of Christmas and the coming New Year, quiet and dull trading activities were witnessed during the day, marketmen said.

The total turnover on the BSE amounted to Rs 725.61 million. The total number of traded shares were 33 million.

ITC continued its top position in the list of turnovers by registering highest turnover of Rs 1.8 billion, followed by Tata Tea Rs 1 billion, State Bank of India Rs 970.7 million, Reliance Rs 742.9 million and Castrol Rs 519.5 million.

Hectic activity was observed at the other counters like ACC Rs 199.6 million, MTNL Rs 174.5 million, Hind Lever Rs 172.6 million, L and T Rs 142.4 million, TISCO Rs 113.6 million, TELCO Rs 112.6 million, IPCL Rs 85.6 million, Bajaj Auto Rs 78 million, Colgate Rs 72.2 million and BHEL Rs 63.7 million.

Active trading was witnessed at the counters in B1 group like Cipla, Corporation Bank, Infosys Tech, Elgi Equip, VSNL, Rel Pet, LML, Bata India, NIIT, Satyam Comp, Max India, Bank of Baroda, Industrial Oxygen, ICI India and Tata SSL Ltd.

UNI