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Issue dated - 06th June 2002

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Sensex sheds 117 points due to lack of buying support

The Bombay Stock Exchange on the first day of the week (Monday 27) witnessed a low trading due to fear of war between India and Pakistan. The sensex opened at 3,264 and closed at 3,243. On Friday 31, the market maintained a cautious approach. Several pharma stocks lost ground on account of selling pressure. The sensex opened at 3,136 and closed at 3,126, registering a loss of 117 points against Monday’s close.

The major gainers were:

Abbott Labs 159.50 (157.10); Aurobindo 218.95 (218.70); Cadila 130.15 (129.85); German Remedies 294.45 (294); IPCA Labs 110.05 (106.05); J B Chemicals 174.80 (167.95); Nicholas Piramal 263.80 (263.70); Suven Pharma 77.35 (77.25); Torrent Pharma 201.25 (197); Wockhardt 507.55 (497.70); Zandu 1715 (1689.25)

The major losers were:

Ajanta 49.45 (50.85); Alembic 112 (116.65); Aventis 419.90 (434.55); Burroughs Well. 204.90 (213.60); Cipla 989.35 (1042.80); Dabur 51.45 (52.70); Dr Reddy’s 948.40 (974.10); Elder 33.80 (36); GSK 364.05 (374.85); Knoll Pharma 300.55 (304); Morepen 52.45 (55.35); Panacea Bio 344 (362); Parke Davis 178.50 (181.50); Pfizer 475.80 (481.15); Ranbaxy 771.05 (829.30); Sun Pharma 558.30 (610).

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