AUG 19 TUESDAY

Blue chips fall on rising inflation.

Investors sold heavyweight Reliance Industries,

and other blue chips on concern that rising inflation

could raise company's borrowing costs, leading

Indian shares to its fourth consecutive session

of losses on Monday.

The Bombay Stock Exchanges's 30 Stock Sensitive

index , or sensex fell 78.52 points or 0.5 % to end at

14645.66.

Participants exprct the sensex to track overnight

Wall Street cues and crude prices for direction on Tuesday.

Some expect the sensex to trade between 14000

and 15100 this week.

On the National Stock Exchange the 50 stock S&P Nifty

lost 37.65 points or 0.9 % to close at 4393.05.

LOSERS OF THE DAY

Reliance Industries fell 2.2 % to Rs 2224.95.

Bhatrati Airtel was down 1.4 % to end at Rs 808.20.

Grasim Industries fell 4.5 % to Rs 1963.50.

Mahindra and Mahindra fell 2.6 % to Rs 568.10.

Hindalco Industries fell 4.5 % to Rs 129.65.

GAINERS OF THE DAY

Technology shares bucked the trend to close

higher for the second consecutive session on hopes

that dollar strength against the Rupee could lift its

revenue from the US,its main market.

Infosys gained 0.8 % to Rs 1702.40.

Satyam Computers rose 1.7 % to Rs 419.10.