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Sensex crosses 5800 after three weeks
The 30-stock index closed up by 49.94 points (0.86 per cent) at 5838.02 points. On the NSE, the 50-stock index Nifty rose 15.5 points (0.84 per cent) to 1856.6 points. The day's high at the BSE was reached at 5905.35 points, while the day's low was touched at 5798.37 points, in the process recording an intra-day swing of about 107 points.
BSE Gainers
Reliance Industries, Infosys Technologies, ITC, Larsen & Toubro, Wipro, BHEL
BSE Losers
ONGC, ICICI Bank
BSE Counters
Tata Power rose by 5.1 per cent to Rs 413.05
Pitti Laminations rose 4.5 per cent to Rs 10
Tata Telecom rose by 3.7 per cent to Rs 228
Welspun India rose 6.1 per cent to Rs 89.55
Yash Papers rose by 9.5 per cent to Rs 11.88
Shahi Shipping rose 9.9 per cent to Rs 20.5
Radico Khaitan fell marginally by 0.1 per cent to Rs 121
Vas Animation rose by 18.8 per cent to Rs 10
Petronet LNG surged 12.6 per cent to Rs 19.04
Balrampur Chini closed nearly 3 per cent higher at Rs 323
ACC shares closed marginally lower at Rs 263.35
Gujarat Ambuja was almost flat at Rs 306.65
Grasim rose 1.3 per cent to end the day at Rs 1,155 per share
L&T was up 3.7 per cent at Rs 608.80
Patni Computers gained 4.59 per cent to close at Rs 222
IPCL shares rose 2 per cent to close at Rs 194

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ONGC shares auctioned
Mumbai: According to market sources a total of around 2.58 lakh ONGC shares came up for auction on the NSE and around 58,000 shares on the BSE as a result of which a total of 3.16 lakh shares were auctioned.

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IPCL employees get IPCL shares at Rs 57
Mumbai: Indian Petrochemicals Corporation Ltd (IPCL) has said that the Government has offered 1.24-crore equity shares of the company to its employees at a price of Rs 57 per share. The offer price is one-third of Rs 170 per share at which the Government had offered it to the public, IPCL has said in a notice to the Bombay Stock Exchange.

The offer to the employees opens on April 12 and closes on April 21. The allotted shares will have a lock-in period of three years. If the Government manages to sell all the shares, its shareholding in the company will fall to 5 per cent.It has already sold its majority stake in the company to the Reliance group as part of its disinvestment programme.
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domain-B : Indian business : News Review : 06 April 2004 : markets