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Markets: Recouping losses
Mumbai: The Sensex gained 33.70 points to close at 5067.39 points. The 50-stock Nifty gained 13.4 points to close at 1591.6 points.

Market Gainers
Allahabad Bank, Corporation Bank, HMT, FACT, SAIL, Neyveli Lignite, Hindustan Organic Chemicals, Bharat Earth Movers, Macmillan India, Navneet Publications, Goetze India, Essel Propack, Geometric Software, Vindhya Tele, Astra IDL, Unitech, Medi Caps, Mangalam Timber, Beck India, IPCL, Kochi Refinery, MRPL, Grasim, ACC, Gujarat Ambuja, Prism Cement, Tata Elxsi, L&T, Nagarjuna Constructions, Bajaj Auto, Tata Motors, TVS Motors, M&M

Market Losers
Kalpataru Power, SKF Bearing, Petron Engineering, Kajaria Ceramics, Sheshasayee Paper, Gujarat NRE Coke, Shyam Tele, IFCI, Vijaya Bank, Apollo Tyres, Bank of Baroda, Ashok Leyland, GE Shipping

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

ACC 261.20 +1.60
Bajaj Auto 873.70 +11.60
Bharti Televentures 135.50 -4.00
BHEL 531.30 +4.25
Cipla 235.40 +4.40
Dr. Reddys Laboratories 654.35 -16.30
Grasim Industries 1,096.60 +29.25
Gujarat Ambuja 320.15 +7.10
HDFC 546.45 +4.30
HDFC Bank 374.75 +10.85
Hero Honda Motors 450.30 +0.40
Hindalco Industries Limited 1,148.65 +20.10
Hindustan Petroleum Corp 299.75 +1.05
HLL 109.85 -0.50
ICICI Bank 264.50 -2.90
Infosys Technologies 1,556.00 -3.60
ITC 1,029.10 +14.00
Larsen & Toubro Limited 792.80 +26.25
Maruti Udyog 362.95 +1.95
MTNL 123.45 +0.80
ONGC 704.45 +9.30
Ranbaxy Labs 928.65 +1.25
Reliance Energy 621.10 +17.45
Reliance Industries 453.50 +2.30
Satyam Computer Services 339.15 +2.45
State Bank Of India 420.10 +1.70
Tata Motors 381.65 +8.70
Tata Power 248.50 +4.90
TISCO 248.35 +3.20
Wipro 577.20 +12.95
Zee Telefilms 149.50 -2.20

Others
UltraTech Cemco debut - close at Rs.260.35/BSE and Rs.268.82/NSE
Bajaj Auto up 1.73 per cent at Rs.873.70
Tata Motors up 2.33 per cent higher at Rs.381.65
TVS up 3.69 per cent at Rs.71.65
Mysore Cement up 8.20 per cent at Rs.16.23
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Ratan Tata to attend TCS listing at NSE
Mumbai: Shares of Tata Consultancy Services (TCS) will be listed on the stock exchanges today. To mark the occasion, TCS has planned listing ceremonies at both the National Stock Exchange and the Bombay Stock Exchange.

The Chairman of Tata Sons, Ratan Tata, is expected to ring the NSE bell on Wednesday to begin trading of the shares. Senior officials of Tata Sons and TCS are expected at the BSE function. According to the grapevine, the shares are already being quoted in the grey market at a premium of Rs.200, and are accordingly expected to list at Rs.1100.

In view of the interest of market participants in TCS shares, it has also been included in the derivatives segment from tomorrow, with a lot size of 250 shares. In a notice to its members, the NSE said the new security (TCS) will open for trading initially in the cash segment and subsequently trading will commence in the Future and Options segment.

The TCS issue, the biggest in the history of corporate India, had raised around Rs.5, 300 crore from the retail, institutional investors and high net worth individuals. It was oversubscribed over 10 times and priced at Rs 850 for Re 1 face-value share.
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Indiabulls IPO at Rs.16-19
Mumbai: Indiabulls Financial Services has priced its initial public offering (IPO) in the range of Rs.16-19 per share at the face value of Rs.2. The IPO will open on September 6 and close on September 20, Indiabulls said in a statement on Monday.

The IPO will be for 2.71 crore shares representing around 25 per cent of Indiabulls enlarged capital, and will be offered through the book-building process. The company has filed its red herring prospectus with the Registrar of Companies on Monday. The book running lead managers to the IPO are SBI Capital Markets Ltd and DSP Merrill Lynch Ltd.

Indiabulls is focused on the retail market and offers online and traditional brokerage services and distributes financial services products.
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domain-B : Indian business : News Review : 25 August 2004 : markets