Sensex down 54 points
Mumbai: The Sensex closed 54.66 points lower at 5783.79. The S & P CNX Nifty also ended with a 15.35 point decline to close at 1838.20 points.
Market Gainers
BSE - Hindustan Lever, Satyam Computers, Dr Reddy's Labs, Cipla, e-Serve International, Krebs Biochem, Rain Calcining, Mukand, Apollo Hospitals, DCW, Biocon, Petronet LNG, Power Trading Corporation
S & P CNX Nifty - Tata Chemicals, BHEL, Tata Tea, MTNL, Cipla
Nifty Junior - Punjab Tractors, Bongaigaon Refinery, Raymond, Gillette India, Syndicate Bank, CMC
Market Losers
BSE - Reliance, Infosys Technologies, ONGC, ITC, ICICI Bank, Hughes Software, KEC International, IDBI, Infosys Technologies, Bhushan Steel, Rayban Sun Optics
Junior Nifty - Hughes Software, IDBI, Andhra Bank, Vysya BanK
Market Counters
e-Serve Intl. appreciated by Rs. 152.4 to close at Rs 782.40
Biocon stock appreciated by Rs 113.55 to close at Rs 694.75
Power Trading Corp. stock appreciated by Rs 3.05 to close at Rs 45.05
Bank of Maharashtra stock closed at Rs 38.95
Hughes Software stock declined by Rs. 33 to close at Rs 496.55
Infosys stock fell 3.25 per cent to Rs 5,139.85 per share
Zee Telefilms rose 1.65 per cent to close at Rs 141.30
Apollo Hospitals Ltd stock rose more than 8 per cent to Rs 216.25
Tata Tea moved up on the NSE by 1.77 per cent to close at Rs 340.05
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SEBI calls for meeting with merchant bankers
Mumbai: The Securities and Exchange Board of India has called for a high-level meeting of merchant bankers on Tuesday. The agenda for the meeting is unstated, and is to be attended by only Chief Executive Officers of merchant banks. The basis of allotment for the ONGC deal is expected to be announced on Tuesday. While allotments, transfer and refund to all valid applications have been completed, in cases where details of the depository account or other crucial information is missing, MCS would be getting in touch via postal mail and effecting the transaction.
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Bank of Maharashtra lists at premium
Mumbai: The Bank of Maharashtra made a successful debut on the bourses on Monday by listing at a premium of over 71 per cent. The stock opened at Rs 34.10 on the NSE, touched a high of Rs 44.90 and a low of Rs 33.25 before closing at Rs 39.35, a premium of 71 per cent to the offer price of Rs 23. On the BSE, the stock closed at Rs 38.95. Bank of Maharashtra had come out with a public issue of 10 crore shares in February-March. The issue was oversubscribed 12 times.
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