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CalPERS or Exit polls - Sensex up 71 points
The BSE Sensex ended with a gain of 71.61 points, up 1.23 per cent, at 5,876.42. The NSE's S&P CNX Nifty Index gained 29.10 points, up 1.58 per cent, to end at 1,873.35.
Market Counters
ICICI Bank down to Rs 296.40
Cipla up to Rs 1,310.10
IDBI Bank up to Rs 55.85
Avery India up 1.7 per cent to Rs 36
Goodlass Nerolac Paints up to Rs 534.1
Hiran Orgochem fell to Rs 10.4
Glenmark Pharma up to Rs 153.2
Wockhardt up to Rs 853.4
Matrix Labs up to Rs 1,435
Indo Rama Synthetics up to Rs 68.85
Bilcare up by 2 per cent to Rs 146.7
Asian Electronics Ltd gained at Rs 60
Tata Steel up at Rs 412.80
Satyam Computers rose 1.54 per cent to Rs 333.70
Welspun India rose 10 per cent to Rs 88.90
Arvind Mills rose 5 per cent to Rs 55.95
Mahavir Spinning gained 6.2 per cent to Rs 150
Bombay Dyeing up 3.13 per cent to Rs 151.80
Nahar Spinning rose 5.5 per cent to Rs 122.30
ONGC speculative gain of 1.72 per cent to Rs 858.20
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No trades on April 26
Mumbai: The Bombay Stock Exchange and the National Stock Exchange will have no trading on Monday, April 26, on account of it being a polling day in Mumbai. Further, the NSE has announced that there would be no settlement on April 26, on account of the holiday. The custodial confirmation on trades recorded on April 23, would be on April 27 and settlement on these would be on April 28, according to an NSE circular. Settlements on the auctions to be held on Thursday would also be pushed to April 27.
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SEBI circular on Securities Transfer
Mumbai: According to a circular issued by the Securities and Exchange Board of India, stockbrokers and clearing members should transfer securities to their clients' beneficiary accounts within one working day after payout day. The securities lying in the pool account beyond the stipulated one-day will attract a penalty at the rate of six basis points per week on the value of securities.

The circular also asks the exchanges to clear and settle the trades on a sequential basis, and accordingly the pay-in and the payout of the first settlement would be completed before the commencement of the pay-in and payout of the subsequent settlements. The payout from the first settlement would enable brokers to meet pay-in obligations for the subsequent settlements. Further, depositories have been asked to facilitate the inter-depository transfers within one hour and before pay-in for the subsequent settlement begins.
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NDTV IPO oversubscribed 3 times
New Delhi: The initial public offering (IPO) of New Delhi Television Ltd was oversubscribed three times. The company is raising Rs 109 crore through the book-building route, by offering shares in the range of Rs 63-70 rupees each. The offer received 53.2 million bids as against the offer of 17.3 million shares.
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domain-B : Indian business : News Review : 22 April 2004 : markets