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FIs sell, FIIs buy; Sensex remains steady, 3097.12

Equities showed marginal movement in a steady market at the Bombay Stock Exchange.

The BSE Sensitive Index (Sensex) crept up marginally by 1.02 points to end at 3097.12 points from the previous close of 3096.10 points. The country's premier stock index opened higher at 3125.19 points and witnessed a high of 3144.57 points and a low of 3091.31 points.

According to marketmen, foreign institutional investors bought heavily in index scrips in the morning, which allowed the market to surge. But, later, the Unit Trust of India and institutions like LIC and GIC sold shares which were picked up by the FIIs.

The BSE-100 index closed at 1374.41 points, showing a net loss of 0.40 points, BSE 200 at 317.40 points, higher by 0.35 points and Dollex index at 124.22 points, showing an increase of 0.19 points.

The total turnover on the BOLT network was Rs 13.37 billion from 159,214 trades.

Satyam Computer topped the turnover list with Rs 2.22 billion followed by ITC (Rs 1.89 billion), Zee (Rs 1.27 billion), Reliance (Rs 1.23 billion), SBI (Rs 896.2 million) and Pentafour (Rs 692.4 million).

Other shares that registered a high turnover were Castrol, Dr Reddy's, Tata Tea, MTNL, Telco, L&T, Sterlite, BPCL and ACC.

UNI