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Sensex up 20 points in listless trading
Our Markets Bureau
Mumbai, Feb 19: After moving in a narrow band the stock markets ended the day with marginal gains on lack of institutional interest. The bourses opened firm but lost earlier gains as operators were directionless in absence of institutional activity. Major institutional investors stayed away from the market on account of a bank holiday declared by the state government.The Bombay Stock Exchange (BSE)'s Sensex gained 20 points on the first day of new settlement while S&P CNX Nifty was marginally up by 3 points on Monday. The Sensex opened with a positive gap at 4363.79 and moved upwards to 4378.06, which happened to be intra-day high, and receeded from this level as operator resorted to profit-taking as they failed to take any trigger from bigger players. It touched the day's low of 4302.10 before closing at 4350.65, a gain of 20.33 points. Nifty also followed suit and closed at 1384.55, as compared to the previous close of 1381.35, gaining 3.2 points. Copyright © 2001 Indian Express Newspapers (Bombay) Ltd.
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