Markets: FIIs continue to be positive
Mumbai: The BSE Sensitive Index shed 15.7 points to close at 6,577.8. The Nifty closed at 2,063.4 points, down seven points. Data on investments from foreign institutional investors continues to be positive and reported net purchases on the previous day. As technology and FMCG stocks weighed down the index, mid-cap stocks fared better with the CNX Midcap index posting better returns than the Nifty. Bank stocks and PSUs posted gains. Media stocks TV Today and NDTV appreciated during the day, while Zee Telefilms lost value.

International Markets
Gain (+) / Loss (-)

Market Counters
Figures in Rupees

BSE 30

Scrip Name	Open	High	Low	Last Price
TATA POWER	394.90	402.80	393.10	401.75
ICICI BANK L	369.90	378.05	365.10	374.65
BHEL	780.00	818.15	780.00	812.30
HINDUSTAN PETROLEUM CORP. LTD.	374.00	380.00	368.80	377.50
ASSOCIATED CEMENT COMPANIES LT	378.00	384.25	376.00	379.35
RELIANCE*	540.00	544.50	531.50	542.40
CIPLA LTD.	276.60	279.90	274.40	275.40
DR.REDDY'S LABORATORIES LTD.	743.00	750.00	738.00	741.40
HEROHONDA M	534.00	538.05	529.00	531.30
RANBAXY LABORATORIES LTD.	1,050.00	1,069.50	1,037.15	1,043.65
I T C LTD	1,355.00	1,355.00	1,315.00	1,329.75
LARSEN & TOUBRO LTD.	995.00	999.90	985.00	997.45
TATA MOTORS	501.00	505.80	495.00	500.10
INFOSYS TECHNOLOGIES LTD.-ORDI	2,048.70	2,049.00	2,030.00	2,044.00
HINDUSTAN LEVER LTD.	159.90	162.00	153.00	154.00
ZEE TELEF LT	157.25	157.25	149.30	150.40
HOUSING DEVELOPMENT FINANCE CO	815.70	815.70	788.00	790.85
BHARTI TELE	210.50	213.00	202.50	205.10
HDFC BANK LT	584.05	588.90	575.05	578.95
HINDALCO IN	1,376.00	1,376.00	1,350.00	1,356.65
MARUTI UDYOG	495.00	495.00	478.65	481.05
RELIANCE ENR*	573.00	577.90	567.10	568.70
WIPRO LTD.	689.00	693.60	680.50	684.50
SATYAM COMP	404.50	408.00	401.05	402.40
ONG CORP LTD	824.70	829.80	814.60	817.65
STATE BANK OF INDIA	654.00	659.50	643.55	648.10
GUJARAT AMBUJA CEMENTS LTD.	458.00	460.20	452.00	453.40
TATA IRON AND STEEL CO. LTD.	400.00	401.90	394.25	398.20
BAJAJ AUTO	1,072.00	1,073.75	1,063.00	1,070.25

Last Update : 10 February, 2005, 16:38 PM

S&P CNX Nifty

Symbol	Open	High	Low	Last Price
RELIANCE	537.90	544.70	531.85	542.50
TISCO	401.45	401.90	394.20	398.10
SBIN	653.00	659.85	559.70	648.50
SAIL	63.20	64.15	61.80	62.35
TATAMOTORS	500.20	506.00	495.05	500.40
MARUTI	490.00	492.00	478.15	481.15
INFOSYSTCH	2055.00	2055.00	2025.55	2044.40
ACC	374.00	384.00	374.00	379.40
ONGC	824.20	826.80	814.20	818.50
BHARTI	212.85	213.35	202.65	205.50
PNB	420.00	426.70	417.10	421.80
SATYAMCOMP	404.00	408.00	400.65	402.65
GAIL	243.50	250.45	242.15	245.75
RANBAXY	1049.90	1070.00	1037.85	1044.55
HINDLEVER	160.95	160.95	153.00	154.00
M&M	549.70	556.75	547.20	552.95
TATAPOWER	398.20	403.05	392.15	401.90
HINDPETRO	375.00	380.00	368.30	378.35
BHEL	790.00	819.00	755.10	813.05
HDFC	818.00	818.00	787.75	791.20
BPCL	455.00	456.95	444.50	450.50
ICICIBANK	366.50	378.50	365.55	374.70
ITC	1311.00	1333.05	1311.00	1330.70
TATACHEM	168.50	174.90	168.50	170.05
ORIENTBANK	312.00	316.70	309.90	314.00
GUJAMBCEM	458.90	460.00	452.00	453.75
IPCL	185.70	186.70	181.75	183.85
WIPRO	691.00	691.00	680.50	684.85
LT	995.00	999.95	985.05	997.45
ZEETELE	162.00	162.00	149.50	150.45
NATIONALUM	180.00	181.75	178.30	180.20
HEROHONDA	531.00	538.00	528.20	532.45
GRASIM	1355.00	1362.90	1341.00	1350.10
HDFCBANK	590.00	590.00	575.10	579.50
DRREDDY	738.00	749.00	735.10	741.70
CIPLA	275.00	278.90	275.00	275.95
SCI	171.90	172.50	167.65	170.15
ABB	1270.00	1284.00	1238.00	1252.35
TATATEA	534.25	536.00	526.10	529.05
DABUR	104.85	108.80	104.25	105.70
MTNL	140.30	140.60	138.50	139.35
HINDALC0	1376.00	1379.00	1351.35	1358.90
HCLTECH	346.10	346.50	340.65	345.45
GLAXO	678.10	691.50	672.00	678.20
BAJAJAUTO	1099.00	1099.00	1060.15	1070.80
SUNPHARMA	496.50	496.75	490.05	494.35
REL	574.50	576.90	566.50	570.10
VSNL	222.35	225.40	218.00	219.30
COLGATE	200.00	201.00	194.10	194.65
INDHOTEL	591.00	592.00	580.05	587.50

Last Update : 10 February, 2005, 16:08 PM
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Growth and Value Fund: HC asks UTI to despatch final cheques
Mumbai: The Bombay High Court has directed UTI Mutual Fund to continue with the process of winding up the UTI Growth and Value Fund - Bonus Plan. In the hearing of Bajaj Auto Ltd's (BAL) case against UTI, the court observed that the scheme was purported to be wound up in view of a SEBI circular.

BAL had moved the court against UTI MF on its decision to wind up the plan as it did not comply with SEBI regulation which states that no investor should have more than 25 per cent of the total corpus of the fund. BAL has also challenged the SEBI regulation.

The court has now directed UTI MF to despatch a letter and the final cheque to all investors, informing them that the winding up of the scheme is being challenged in the court and that the choice of cashing the cheque rests with the investor. If investors choose to wait for the final judgement on the case, they will get the benefit of the court order.

The court took the view as it did not want other investors to be affected because of the legal battle between UTI MF and BAL.
Even though the scheme has over 1,000 investors, the share of BAL's investment in the corpus was over 25 per cent. BAL challenged the winding up of the scheme as its investments were less than a year old and early redemption would attract additional interest and taxes.
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