The Sensex ended the week with a 203.92 points gain at 4125.12, its best close since March 1, 2001. The Nifty closed at a 29-month high of 1311.15, a gain of 63.40 points over its previous weekend close.
Steel scrips were in vogue at the start of the week. This, coupled with heavy buying support in old economy counters, pushed the Sensex up.
Despite a meltdown in steel counters on Tuesday, the Sensex managed to cross the 4,000 level on Tuesday, thanks to gains elsewhere. Technology scrips joined the rally mid-week leading to more gains.
Late gains in pharma and select heavyweight counters helped the indices close the week on a positive note.
ITC
Last week's close (Rs) 810.08
Prev. week's close (Rs) 763.33
Week's high (Rs) 847.50
Week's low (Rs) 756.30
Last week's ave. daily turnover (Rs cr) 52.89
Prev. week's ave. daily turnover (Rs cr) 39.70
Futures close Aug-2003 (Rs) 809.40
Futures close Sep-2003 (Rs) 816.30
Futures close Oct-2003 (Rs) 815.00
Number of up/down moves 3/2
ITC was one of the biggest gainers of last week, appreciating by 6.28 per cent to end at Rs 763.85. The company has decided to bid for Andhra Pradesh government
