FIIs continued to remain net sellers in the week to April 30. aS PER figures collated by Sebi, net FII outflow in the week to April 30 stood at Rs 40 crore in the equity section. The net FII outflow stood at Rs 108.40 crore in or $27.4 million in April. Gross FII purchases were Rs 1,284 crore in April while gross sales stood at Rs 1,392.4 crore.

BgSE member suspended: Sebi has decided to suspended Wyscare Securities (P) Ltd, a member of the Bangalore Stock Exchange, with effect from May 15. The suspension will be applicable for a period of six months from May 15 to November 14. The broking firm has been suspended in terms of sub regulation (3) of regulation 29 of Sebi (Stock Brokers and Sub-brokers) Rules and Regulations, 1992, for violating rule 4 (c) of Sebi Rules, 1992. According to Sebi, the company failed to intimate it about the change in its status and continued to buy, sell and deal in securities.

Sebi suspends NCJ International: Sebihas decided to suspend the certificate of registration of NCJ International with effect from April 24 for its failure to fulfil underwriting obligations in the public issues of Elque Polyesters and BSM Knit Fab.

Sebi received 2 offer documents: Sebi has received two letters of offer for rights issues aggregating Rs 33.58 crore in the week to April 30. During the same week, the regulator cleared the Rs 13.25-crore rights issue of Gruh Finance and City Union Bank's equity issue priced at Rs 35 per share amounting to Rs 21 crore.

Nifty up 3 points: Trading was lacklustre on the last day of the settlement on the NSE on Tuesday. The NSE-50 Index settled at 1,188.10, up 2.95 points over the previous close. The Mid-cap Index improved by 1.85 points to close at 1,671.85. The total traded value on the exchange was Rs 1,451.32 crore.

Cement, steel stocks end up on DSE: A sharp rally in cement and steel stocks lifted sentiment at the Delhi Stock Exchange in an otherwise lacklusture market onTuesday. Stocks of software and fertiliser companies continued to be in the limelight on the back of strong buying by speculators. The DSE Index gained 0.76 of a point to end at 907.65 points.

CSE shares end slightly up: A steady trend prevailed on the Calcutta Stock Exchange on Tuesday with the 40-share CSE Index finishing at 2,315.75 points. BSES soared to Rs 198.60, Bajaj Auto to Rs 607, Tisco to Rs 159.80, Tata Tea to Rs 406.90, ICICI to Rs 113.20, Indo Gulf to Rs 45.30, Gujarat Ambuja Cement to Rs 329.60, ITC Bhadrachalam to Rs 44.90 and L&T to Rs 273.70.

MSE shares end higher: Select counters gained further ground on the Madras Stock Exchange on Tuesday following speculative buying support. The MSE Share Price Index ended at 4,322.35 points against the previous close of 4,314.90 points. ACC improved by Rs 69.70 to end at Rs 1,684.10. Satyam Computer closed at Rs 539.45.

Dull day at BgSE: Equities remained subdued at the Bangalore Stock Exchange on Tuesday. The turnover on thebourse stood at Rs 20.68 crore. ITC fell to Rs 808 (Rs 810.10) whereas BFL Software firmed up to Rs 345 (Rs 330). Satyam Computers moved up to Rs 538.55 (Rs 517.20) while Reliance, SBI and Tisco were better Rs 194.70 (Rs 194), Rs 290.80 (Rs 290.35) and Rs 159.05 (Rs 156.50).

Skindia Index up 2.71%: The Skindia GDR Index improved by 2.71 per cent to end at 953.54 points on May 4, compared with the previous close of 928.42 points. The Skindia GDR Index p/e ratio rose by 0.05 per cent to end at 20.89 points on May 4 as against the previous close of 20.88 points.

HK stocks end sharply lower: Hong Kong stocks ended sharply lower on Tuesday with little positive news to attract buying, brokers said. The Hang Seng Index lost 285.76 points, or 2.74 per cent, to 10,153.66 after hitting a low of 10,132.63. The Hong Kong market shrugged off overnight gains on Wall Street and in London, with more focus on the local economy and developments in the region, brokers said.

Jakarta stocks end down:Jakarta's stock index ended 2.43 per cent lower on Tuesday on concern over rising political tension triggered by a hike in fuel prices, brokers said. The composite index closed down 2.43 per cent, or 10.83 points, at 435.16 points on a turnover of 329 billion rupiah. Losers led gainers 106 to 17 among 192 shares traded.

Rupee loses value vs dollar: The rupee opened at 39.74 against the dollar on Tuesday, unchanged from its previous close. The SBI's dollar-demand saw the rupee edge down to close at 39.76/77. In early trades, the rupee was seen in the 39.74-39.75 range.

Silver firms up, gold steady: Silver prices firmed up moderately on the local bullion market on Tuesday. Silver ready of .999 fineness and tenderable silver rose by Rs 20 each to end at Rs 8,670 and Rs 8,675 respectively. Standard gold and 22-carat gold ended unchanged at Rs 4,160 and Rs 3,850.

Linseed oil prices jump: Linseed oil prices surged on heavy industrial demand on Tuesday, gaining Rs 18 to close at Rs 380.Groundnut oil moved up by a rupee to Rs 422. Groundnuts ready held steady at Rs 1,970.In the futures market, castorseeds June ended unchanged at its previous close of Rs 1,261.

A clarification: The news briefing on NSE's trading session being hit by a technical snag, which appeared on May 5, was erroneous. The exchange has clarified that there was no problem on May 5. The error is regretted.