MUMBAI, December 16: Share prices rose further sharply on the last day of the current settlement at the National Stock Exchange on Tuesday following heavy all-round speculative buying. The NSE-50 index opened better at 980.00 and rose further to cross the 1000 mark and touched 1007.75. Later, it ended at 1002.35, showing a smart gain of 22.50 over the last close of 979.85. The Dollar NSE-50 (Defty) index, however resumed weak at 857.80 but recovered to close at 881.70, disclosing a good gain of Rs. 23.85 over the previous close of 857.85. The Midcap index, after a better start at 1103.85, rose further to 1116.20, before closing at 1113.90, displaying a rise of 10.30 from Monday's level of 1103.60.

The market witnessed a turnover worth Rs 1,416.58 crore from 525.10 lakh shares in 1,65,242 trades. Debentures turnover was Rs 84.03 lakh. The most actively traded securities were ITC with a total turnover of Rs 417.61 crore followed by Tata Tea with Rs 265.74 crore, Reliance with Rs 155.62 crore and SBIn with Rs 143.43 crore. Prices fall at the OTCEI: Share prices eased on the Over The Counter Exchange of India (OTCEI) here on Tuesday on lack of buying support. The OTCEI composite index opened steady at 107.37 and fell to close at 107.03, showing a marginal loss of 0.34 point from the last close of 107.37.

The turnover during the day was Rs 35.32 lakh from 57,900 shares and debentures. Listed equity contributed Rs 3.55 lakh involving 36,000 shares while, contribution from listed debentures was Rs 5.79 lakh.

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