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Sensex up 102: Transactions chalu…
Mumbai: The BSE Sensex ended the day up by 102 points and closed at 4945.48, recouping most of the losses suffered on Thursday. The S&P CNX Nifty appreciated by 35 points to close at 1553.20 points, up from its previous close of 1518.15 points.

Market Gainers
ITC, Bharti Tele-Ventures, Tata Motors, ONGC, Essar Shipping, Shipping Corporation of India, Varun Shipping, Great Eastern Shipping, Arvind Mills, Vardhman Spinning, Mahavir Spinning, Century Textiles, Maruti Udyog, Ashok Leyland, Mahindra & Mahindra, Zodiac Clothing, Bombay Dyeing, Indian Rayon, Punjab Tractors Ltd, M&M, Eicher
Market Losers
Hindalco Industries Limited, Hindustan Petroleum Corp, HLL, Wipro

Market Counters
BSE 30
Figures in Rupees
Gain (+) / Loss (-)
ACC 241.50 +3.45
Bajaj Auto 914.80 +4.95
Bharti Televentures 158.10 +9.55 +6.4 3
BHEL 535.80 +13.60
Cipla 230.10 +3.20
Dr. Reddys Laboratories 762.95 +17.35
Grasim Industries 1,024.05 +1.85
Gujarat Ambuja 281.85 +7.70
HDFC 559.65 +5.45
HDFC Bank 368.75 +3.80
Hero Honda Motors 500.50 +8.65
Hindalco Industries Limited 1,079.20 -18.70
Hindustan Petroleum Corp 288.90 -18.35
HLL 122.40 -1.80
ICICI Bank 244.30 +6.20
Infosys Technologies 1,382.60 +31.15
ITC 1,057.25 +80.05
Larsen & Toubro Limited 746.05 +35.90
Maruti Udyog 428.10 +25.50
MTNL 133.95 +4.35
ONGC 670.60 +22.60
Ranbaxy Labs 982.95 +19.90
Reliance Energy 562.70 +4.25
Reliance Industries 438.55 +6.30
Satyam Computer Services 306.45 +0.75
State Bank Of India 429.40 +11.10
Tata Motors 415.60 +22.70
Tata Power 254.35 +3.25
TISCO 306.65 +10.30
Wipro 499.85 -1.15
Zee Telefilms 127.45 +3.05

Others
Great Eastern Shipping up Rs 2.8 at Rs 141
Punjab Tractors up Rs 8 at Rs 229
MphasiS BFL up Rs 6 at Rs 275
SCI up 4.62 per cent at Rs 112.75
Century Textiles up 11.81 per cent at Rs 114.55
Indian Rayon up 13.27 per cent at Rs 248.75
Arvind Mills up 11.42 per cent at Rs 71.20
Raymond up by 8.54 per cent at Rs 207.20
ITC Ltd up 8 per cent at Rs 1057.25
M&M up at Rs 510.70
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Markets pick up following SEBI reassurance
Mumbai: Stock prices recovered as sentiment improved today after the Securities and Exchange Board of India (SEBI) reassured investors that the transaction tax proposed by the Finance Minister would be applicable only after the Finance Bill is passed. With the assurance major indices bounced back from early lows in the first hour of the trade. A SEBI release said the Minister has invited brokers' representatives to Delhi on Tuesday to hear their point of view. The SEBI Chairman is due to meet up with the Finance Minister on Monday. Strong buying was seen today in auto, textile, telecom and cement stocks.
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SEBI to waive 16 per cent penalty interest
Kolkata: The Securities and Exchange Board of India has decided to waive the 16 per cent interest, capped on the broker's fee arrears since 1998. A large number of brokers in a majority of the stock exchanges are expected to benefit from the decision.
The fee (0.01 per cent on turnover of a broker) was upheld by the Supreme Court in 2000 and the interest on arrears was also slapped. The counsel of the BSE Brokers' Forum, which contested the imposition of the fee, then, was P. Chidambaram, the present Finance Minister.
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domain-B : Indian business : News Review : 10 July 2004 : markets