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Software scrips push Sensex up 52.46 points

Software company's share prices continued its upward trend, following the market-friendly announcement of the new Export-Import Policy by the commerce minister at the beginning of the week, leading brokers said.

Mirroring the upswing, BSE-30 Sensitive index opened nearly steady, went up gradually later touching the day's high of 4188.37 points, and the low of 4117.58 points, before closing down 4186.78 points, showing a net gain of 52.46 points as against the previous close of 4134.32 points.

The BSE-100 National index also improved by 22.69 points to 1840.05 points over the last working day's close of 1817.36 points.

The BSE-200 and Dollex indices increased by 04.59 and 02.01 points to 417.07 and 174.86 points as compared to yesterday's close of 412.48 and 172.85 points respectively.

Being the last day, most of the brokers were busy squaring up their positions which injected fuel in the market as the market sentiment was very good, brokers said.

The FIIs purchased a huge amount of share of software items and a good amount was invested in ITC as well as in the Industrial Credit and Investment Corporation of India.

However, domestic institutions like Unit Trust of India has reportedly bought a considerable amount of heavy-weighted shares at lower level and sold at higher level, booking handsome profits, brokers added.

Another broker said that company circles were buying at Hindustan Lever counters.

The total turnover was Rs 13.3 billion involving 69.5 million shares in 169,250 trades. Out of 6,992 scrips, a total number of 2,348 scrips were traded.

ITC registered the highest volume of Rs 2.1 billion followed by RIL Rs 1.2 billion, Castrol Ind Rs 1.1 billion, Tata Tea Rs 760.8 76.08 million, SBI Rs 716.1 million, Satyam Comp Rs 517.9 million, ICICI Rs 358.8 million, Hindalco Rs 344.9 million, Hind Lever Rs 3445 million, ACC Rs 294.1 million, Telco Rs 265.7 million, BHEL Rs 249.9 million, Infosys Tech Rs 218.3 million, Tisco Rs 179 million and BSES Rs 169.7 million in the specified counters.

Good transactions were observed at Reliance Pet (Rs 25.6 million), BFL Softwr (Rs 23.6 million), Sotfware Sol (Rs 20 million), Cipla (Rs 18.4 million), Silverline (Rs 16.2 million), Aptech (Rs 16.1 million), Rolta (Rs 13.4 million), Tata Infotec (Rs 10.8) India Cement (Rs 10.7 million), DSQ Software (10.1 million) and Max India (Rs 9.8 million) at 'B1' counters.

UNI