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Markets arrest slide for a day
Mumbai:
The Sensex appreciated by 68.84 points (or 1.45 per cent) to close above the 4,800-mark at 4814.85 points. The S & P CNX Nifty also marched up by 19.65 points to close just above 1,500 points.

Market Gainers
Tata Power, Punjab National Bank, Tata Steel, Oriental Bank, Sun Pharma, Union Bank, IDBI, Ashok Leyland, LIC Housing Finance, Canara Bank, Tata Motors, Eveready Industries, Union Bank, Jindal Iron, Shaw Wallace, LML, IVRCL Infrastructures, Ashok Leyland, Saw Pipes, Century Textiles, Oriental Bank

Market Losers
Nicholas Piramal, Kochi Refineries, Wockhardt, MphasiS BFL, Concor, Dabur, Hindustan Petroleum, Tata Chemicals, Cipla, VSNL, Dabur, TV 18, Hindustan Zinc, Hindustan Petroleum, Cipla, Hexaware

Market Counters
BSE 30
Figures in Rupees
Gain (+) / Loss (-)

ACC

238.10

+1.85

Bajaj Auto

892.00

+2.45

Bharti Televentures

137.55

-1.95

BHEL

460.85

+10.90

Cipla

224.15

-3.60

Dr Reddy

788.60

-6.95

GACL

271.70

+1.95

Grasim

935.00

+2.55

HDFC

589.10

-0.65

HDFC Bank

365.60

+4.80

Hero Honda

482.40

+6.70

Hindalco

964.75

+22.10

HLL

128.90

+1.10

HPCL

336.10

-8.25

ICICI Bank

252.60

+1.15

Infosys

5,084.35

+88.15

ITC

884.45

+6.25

Maruti

393.45

+3.30

MTNL

130.40

+3.90

ONGC

637.90

+3.50

Ranbaxy

997.75

+6.75

Reliance

451.00

+16.05

Satyam

292.05

+6.05

SBI

444.60

+4.95

Tata Motors

396.00

+8.70

Tata Power

237.70

+15.60

TISCO

287.85

+14.95

Wipro

1,487.65

+44.90

Zee Tele

128.25

+2.65

Other
Tata Chemicals down by Rs 2.50 at Rs 128.25
Eveready Industries up 12.09 per cent at Rs32.45
Union Bank up by Rs. 5.45 at Rs 57.6
Ashok Leyland up by Rs. 10.20 at Rs 216.35
Ashok Leyland Ltd (ALL) up 4.95 per cent at Rs 216.35
Dabur India down 16.16 per cent at Rs 66.50
Paper Products down 9.6 per cent at Rs 179.35
United Phosphorus up 5.29 per cent at Rs 450.75

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Britannia to buy back shares
Mumbai: Britannia Industries Ltd is seeking to buy back its shares from the open market. The buyback, of these fully paid up equity shares of face value Rs 10, would be limited to 25 lakh and the amount to be deployed in the buy back is limited to Rs 78 crore.
The buyback has been authorised by a special resolution passed by the Board of Directors on June 12, 2003 and passed by the shareholders, through a postal ballot, on August 8, 2003, stated the document. The previous buyback offer of the company was completed on June 2, 2003.

The average monthly market price of the share was Rs 590.54 for May 2004. The highs and lows recorded for the month were Rs 614 and Rs 538.3 respectively, on the BSE. On the NSE, the share registered an average of Rs 591.4 for May. The highest price recorded was Rs 625 and the lowest was Rs 534.05 during the month.
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domain-B : Indian business : News Review : 16 June 2004 : markets