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Dr Reddy's, infotech scrips lead rally; Sensex up 40 points, 3135.42

Pivotals gained smartly at the Bombay Stock Exchange on good buying support from foreign institutional investors and local operators in the index-based scrips as well as infotech shares today.

According to leading BSE brokers, the FIIs bought of Blue chips like Dr Reddy's, BHEL, HPCL, MTNL, Pentafour Software and Satyam Computer.

An uptrend in the European market aided the bullish phase on the country's premier bourse, brokers said.

Reflecting the trend, the 30-scrip BSE Sensitive Index opened at 3111.18 points, touched the day's high of 3135.71, fell to touch the day's low of 3106.15 points before closing at 3135.42 showing a net gain of 40.17 points against the previous close of 3095.25 points.

The broad-based BSE-100 index advanced by 17.71 points to 1391.60 points from the previous close of 1373.89 points. Similarly, the BSE-200 and Dollex indices closed higher by 3.84 and 1.41 points to 322.10 and 126.06 against the previous close of 318.26 and 124.65 points.

Total turnover on the BOLT system reported during the day was Rs 12.18 billion. Out of 7,161 listed scrips, 1,401 traded in the number of 122,983 trades.

Satyam Computers topped the list of turnover by registering highest turnover of Rs 2.82 billion, followed by ITC Rs 1.58 billion, Pentafour Software Rs 1.02 billion, Zee Telefilms Rs 1.01 billion and Dr Reddy's Rs 694.5 million.

Other actively counters were SBI Rs 588.9 million, Reliance Rs 580.9 million, BHEL Rs 414.7 million, Infosys Tech Rs 260.9 million, NIIT Rs 234.7 million, Digital Equipment Rs 179 million, Castrol India Rs 152.3 million, Tata Tea Rs 140 million, MTNL Rs 119.6 million and L&T Rs 115.3 million.

Among the issues, Bajaj Auto gained by Rs 25 to Rs 653.25, BHEL Rs 13.60 to Rs 272.60, BSES Rs 1.20 to Rs 164.20, Cadbury Rs 2.25 to Rs 384, Castrol Rs 3.75 to Rs 591.75, Dr Reddy's Rs 22.50 to Rs 461.75, Glaxo Rs 6.70 to Rs 422.20, Gujarat Ambuja Cement Rs 4.80 to Rs 200.30, Hero Honda Rs 17.75 to Rs 609, Hindustan Lever Rs 10 to Rs 1666.75, Hindalco Rs 21 to Rs 519, Indian Hotels added Rs 7.75 to Rs 375, Indian Rayon Rs 1.40 to Rs 130.70, Infosys Tech shot up by Rs 101.75 to Rs 2439.75, ITC Rs 1.50 to Rs 661.50, M&M Rs 2.90 to Rs 172, MTNL Rs 5.40 to Rs 217, Pentafour Software Rs 14 to Rs 670.75, Reliance Rs 1.70 to Rs 123.60, Satyam ComputeRs Rs 24 to Rs 539, SBI Rs 5.30 to Rs 199.30, Telco Rs 2.90 to Rs 149.20, Tata Tea Rs 1.80 to Rs 293.

Among the losers, Grasim dropped by Rs 2.80 to Rs 163.60, Ranbaxy eased by Rs 4.75 to Rs 543.25, and Zee Telefilms by Rs 9.25 to Rs 688.50.

UNI