BSE starts dematerialised trading;
Sensex up 73 points
Trading in the dematerialised segment of the
Bombay Stock Exchange commenced today following the
admission of Bank of India Shareholding Limited to the
National Securities Depository Ltd.
BOISL, which is the clearing house of the BSE, has been
admitted as participant on the depository for clearing and
settling trades in the dematerialised segment of the BSE.
The NSDL has successfully completed the necessary changes for
the securities that are admitted for dematerialisation. This is
in accordance with Securities and Exchange Board of India's decision to
identify the physical and electronic holdings of the same
security, a NSDL release said in Bombay today.
As many as 162 issuers have entered into agreements with NSDL to get their securities dematerialised, till today. Amongst these,
dematerialisation facilities are available for shares of 125
corporates and trading facilities on the NSE are available for
shares of 111 corporates.
The Jammu and Kashmir Bank Ltd and Coromandel Fertilisers Ltd, equity shares of the Steel Authority of India Ltd have
signed agreement with the NSDL recently.
During the week ended December 27, Dena Bank joined NSDL as
the 38th depository participants. Currently, these 39 depository
participants are offering facilities about 140 service centres
all over the country.
Tata Mutual Fund has announced that it will dematerialise
100 per cent of its holdings in the securities announced by
SEBI for the January 15 deadline.
Meanwhile, select equity prices led by TELCO, HDFC, IPCL, and Colgate gained smartly, pushing up the Sensex by 73 points
on buying support from foreign institutional investors and
speculative purchasing on the opening day of current settlement
cycle at BSE today.
Mirroring the trend BSE Sensitive index (30 scrips) opened at
3648.65 points crossed psychological barrier of 3700 mark, touched day's high of 3709.72 points, low of 3643.78 points before closing at 3706.79 points showing a net gain of 73.41 points as against its previous close of 3633.38 points.
The broadbased BSE-100 index also crossed 1600 mark before
closing at 1604.34 points, gaining 29.41 points over the last
trading day's close of 1574.93 points.
The BSE-200 and Dollex indices increased by 06.10 and 02.71
points to 357.28 and 151.71 points as compared to previous close
of 351.18 and 149.00 points respectively.
The BSE authorities has extended trading hours from 0930 hours
to 1600 hours IST. Thin attendance was witnessed in the exchange as most of the brokers were enjoying the year-end holidays', leading brokers said.
The total turnover was Rs 7.2
billion involving 38.7 million shares. Out of 6865 scrips a total
number of 1476 scrips were traded.
The tobacco giant registered the highest turnover of Rs 1.5
billion, followed by Tata Tea Rs 879.8 million, State Bank of India Rs 806.2 million, RIL Rs 733.5 million, TELCO Rs 472 million, Castrol Rs 431.2 million, HDFC Rs 198.8 million, Hind Petrol Rs 180.8 million, TISCO Rs 171.9 million, Colgate Rs 150.4 million, ACC Rs 13.16 million, L&T Rs 124.7 million, IPCL Rs 119.1 million, Hind Lever Rs 11.04 million and MTNL Rs 78.4 million in the specified counters.
Good transactions were observed at Corporation (Rs 69.1 million),
LML (Rs 42.2 million), Elgi Equip (Rs 28.7 million), ICI India
(Rs 17.4 million), Infosys Tech (Rs 14.1 million), Lakshmi Mach
(Rs 11.9 million), Subros Ltd (Rs 9.5 million) at B1 counters.
UNI
|
