Rains perk up the street
Mumbai: The BSE Sensex closed for the day at 4888.19 points, up 39.89 points. The S&P CNX Nifty gained 1.09 per cent to close at 1539.40.

Market Gainers
Reliance, Infosys Technologies, ICICI Bank, ONGC, Hindustan Lever, Steel Authority of India, IPCL, Sun Pharma, National Aluminium, Tata Steel, Jindal Vijayanagar Steel, Polaris Software, Mangalore Refinery, Punjab Tractors, CMC, Mahindra Ugine, Kalyani Steel, Saw Pipes, Mid Day Multimedia, JK Synthetics, Alstom, Birla Corporation, Mahavir Spinning

Market Losers
Bajaj Auto, MTNL, ITC, Reliance Energy, Dabur, Aurobindo Pharma, Cadila Healthcare, Ashok Leyland, TVS Motor, Union Bank of India, Balrampur Chini Mills, iGate Global, Lupin, Biocon

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

ACC 231.70 +2.75
Bajaj Auto 841.55 -21.60
Bharti Televentures 150.15 +0.45
BHEL 527.25 -0.75
Cipla 231.15 +0.70
Dr. Reddys Laboratories 748.10 +6.45
Grasim Industries 951.35 +14.25
Gujarat Ambuja 275.30 +8.40
HDFC 548.90 -1.35
HDFC Bank 364.95 +0.30
Hero Honda Motors 459.70 +9.15
Hindalco Industries Limited 1,092.40 +29.70
Hindustan Petroleum Corp 288.35 +5.70
HLL 123.45 +1.00
ICICI Bank 238.55 +3.90
Infosys Technologies 1,443.25 +22.65
ITC 994.05 -15.20
Larsen & Toubro Limited 724.55 +7.70
Maruti Udyog 420.20 +1.70
MTNL 129.15 -2.60
ONGC 654.70 +2.35
Ranbaxy Labs 976.15 +5.25
Reliance Energy 570.75 -9.05
Reliance Industries 420.30 +2.35
Satyam Computer Services 326.05 +3.35
State Bank Of India 430.80 +0.30
Tata Motors 406.85 +8.85
Tata Power 254.00 +5.10
TISCO 327.20 +13.55
Wipro 525.00 +13.15
Zee Telefilms 125.85 +0.70

Others
Essar Steel up Rs 3.9 at Rs 23.4
Mid Day Multimedia up by Rs 5.9 at Rs 35.45
Alstom up Rs 7.7 at Rs 47.45
Birla Corporation up Rs 9.05 at Rs 104.75
Mukand up 18.75 per cent at Rs 20.90
SAIL up 8.5 per cent at Rs 32.55
Jindal Iron and Steel up 6.78 per cent at Rs 222.85
SINTEX Industries up 11.91 per cent at Rs 128.70
Ramakrishna Forgings up 12.14 per cent at Rs 31.40
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SEBI launches new scheme to clear broker dues
Mumbai: The Securities and Exchange Board of India has launched the SEBI (Interest Liability Regularisation) Scheme, 2004, in order to resolve the problem of registration fees payable by the brokers in the cash segments of the exchanges. "If a stockbroker pays the entire outstanding amount of principal as well as 20 per cent of the outstanding interest as on a specified date during the regularisation period, the balance outstanding interest will be waived," states a SEBI press release.
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Citicorp raises stake in Jisco to 7.51 per cent
Mumbai: Citicorp Banking Corporation has increased its stake in Jindal Iron and Steel Company (Jisco). In a notice to stock exchanges, the company said Citicorp Banking Corporation A/c CBC Bahrain-FII Equity Account has acquired 5.5 lakh shares amounting to 1.28 per cent of the company. The shareholding of Citicorp Banking Corporation A/c CBC Bahrain-FII Equity Account after the said acquisition is 33.03 lakh shares, amounting to 7.51 per cent. The additional shares were bought on July 8, through secondary market purchase. In today's trading, the stock price of the company closed at Rs 222.90, up 6.75 per cent.
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UTI Master Plus to pay 30 per cent dividend
Mumbai: UTI Master Plus Unit Scheme has declared a dividend of 30 per cent. The record date is August 2. Investors who join the scheme on or before August 2 will also be eligible for the dividend, stated a company press release. The NAV as on July 12, 2004 was Rs 27.36.
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Emerging Markets picks up stake in Birla Corp
Mumbai: Emerging Markets Management, LLC has taken over 5 per cent stake in MP Birla group company Birla Corporation. In a notice to stock exchanges, Birla Corporation informed that Emerging Markets Management, LLC (Mauritius sub accounts) has acquired 43.47 lakh shares constituting 5.65 per cent the company's equity. These shares were purchased from May 2004 onwards and the purchase price ranged between Rs 90 to Rs 117.
In today's trading, the stock price of the company closed at Rs 104.75, up 9.46 per cent on the BSE.
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