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February 15, 1999 |
FIs offload key pivotals; HLL results fail to sway market; Sensex down 22 points to 3315.08Off-loading in key pivotals by public financial institutions and selling pressure from domestic operators led the Sensex of the Bombay Stock Exchange to decline by 22 points today. The 30-share Sensitive Index opened at 3378.57, witnessed a high of 3394.01 and a low of 3315.07 and finally ended at 3315.08 from the previous close of 3337.49, showing a net loss of 22.41 points. According to marketmen, the Unit Trust of India sold Tata Tea and Reliance. Foreign institutional investors remained passive in today's trading, they added. Satyam Computers ended at Rs 940, Pentafour at Rs 880, ITC at Rs 847, Reliance at Rs 120 and HLL at Rs 1986. The BSE-100 index opened higher at 1485.25 and ended at 1462.08 as against the last close of 1468.12, showing a net fall of 6.04 points. The BSE-200 index ended at 337.30, declining by 2.30 points from the previous close of 339.60. The Dollex index ended at 132.38, shedding 0.78 points from the previous close of 133.16. The total turnover on the BOLT network was Rs 16.51 billion from trading in 70.2 million shares. Pentafour Software led the turnover list with Rs 2.24 billion followed by Satyam Computers (Rs 1.73 billion) and ITC (Rs 1.71 billion). The other scrips that recorded a high turnover were Tata Tea, Digital Computers, Hindustan Lever Limited, Tisco, Telco, MTNL, Zee Telefilms, Ranbaxy, Glaxo India, Reliance, IPCL and SBI. UNI
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