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FII-TO-FII: Union Bank traded at 5% premium

This article was posted on May 11, 2010 and is filed under Market News

Trades between FIIs generated a volume of Rs 396 crore on the BSE Monday-an increase of 282.18% from Rs 104 crore clocked on Friday. As many as six stocks witnessed trades of 39 lakh shares on Monday.

Union Bank Of India was traded at highest premium of 5.14% on BSE with 2,100 shares changing hands at Rs 310 as against the spot price of Rs 294.85.

Punjab National Bank was traded at second highest premium of 2.85% on NSE with 17 lakh shares changing hands at Rs 1,045.05 as against the spot price of Rs 1,016.10.

Scrip

FII Close* FII shares# Spot Close@ Premium To spot price %
BSE
Union Bank 310.00 2100 294.85 5.14
Punjab Nat Bank 1040.00 1895271 1015.00 2.46
Grasim Ind 2700.00 15036 2667.75 1.21
Maruti Suzuki 1295.25 55785 1294.70 0.04
Bank of India 333.50 157326 334.50 -0.30
NSE
Punjab Nat Bank 1045.05 1740558 1016.10 2.85
* FII-Close is the closing price of the scrip under FII-to-FII trades
# FII-Shares is the total number of shares traded under the FII-to-FII trades
@ Spot close price is the closing price in the cash market

Bank of India was traded at discount of 0.30% on BSE with 1.57 lakh shares changing hands at Rs 333.50 as against the spot price of Rs 334.50.

source: Business Standard

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