Huge positions built up in equities and derivatives
Markets: Closing with high volumes - poised for B-day
Mumbai: At close, the BSE Sensex gained 27.38 points to close at 4955.97 and the NSE's S&P CNX Nifty closed at 1566.80, up 8.55 points.

Market Gainers
ICICI Bank, ITC, Reliance Industries, ONGC, GAIL, BHEL, SAIL, National Aluminium, Neyveli Lignite, IDBI, Mangalore Refineries, Ashok Leyland, Maruti Udyog, Punjab Tractors, Tata Motors, Igarashi Motors, Hi-Tech Gear, Jay Bharat, Maruti, Rico Auto, Dr Reddy's Labs, Ranbaxy Labs, Wockhardt, Bal Pharma, Jain Studios, Ceat, Agro Tech Foods, Hindustan Zinc, Apollo Tyres, KEC International, Dhampur Sugar

Market Losers
Infosys Technologies, Wipro, HCL Technologies, Mphasis BFL

Market Counters
Alstom Projects India up 20 per cent at Rs 105.40
Stewarts & LIoyds of India up 2.2 per cent at Rs 33
Teledata Informatics up 0.75 per cent at Rs 33.45
Jain Studios up 19 per cent at Rs 26.95
Sterlite Industries up 4.87 per cent at Rs 483.60
Hindalco up 2.96 per cent at Rs 1,117.40
Nalco up 3.41 per cent at Rs 142.40
Punjab Tractor Ltd. up 5.79 per cent at Rs 211.10
KEC International up 7.42 per cent at Rs 71.70
Back to News Review index page  

Prudential ICICI launches `Discovery Fund'
Mumbai: Prudential ICICI AMC has launched a open ended funded, called the 'Discovery Fund.' The equity fund will invest in companies that are available at a discount to their intrinsic value. The initial public offer is open from July 9 to July 23at par value of Rs 10 per unit. The fund will invest between 80 per cent and 100 per cent in equity and equity-related instruments and up to 20 per cent in cash and money market instruments.
Back to News Review index page  

SEBI suspends DP status of Integrated Enterprises
Chennai: The Securities and Exchange Board of India (SEBI) has suspended Integrated Enterprises' registration as a depository participant for six month starting August because the company violated relevant regulations. SEBI's order, posted on its Web site, said the company had violated the permissible custody holding, and that it had opened new accounts in violation of SEBI's directive. Integtared Enterprises should make alternative arrangement for investors having DP account with depository participant in one month, SEBI said.
Back to News Review index page