|
|
| IMPACT
COST OF INDEX FOR $ 0.5 MILL TRANSACTION |
| Sr.No. |
Name
of Company |
Impact
Cost (%) |
Transaction
Size * |
Number
of No GDRs traded ** |
| Buy |
Sell |
| 1 |
Ashok
Leyland |
2.38% |
2.51% |
3,875 |
500 |
| 2 |
Bajaj
Auto |
1.57% |
1.57% |
29,025 |
900 |
| 3 |
BSES
Ltd |
1.46% |
1.50% |
12,875 |
500 |
| 4 |
E.I.
Hotels |
2.41% |
2.47% |
9,450 |
600 |
| 5 |
Grasim |
2.93% |
3.01% |
10,400 |
800 |
| 6 |
Guj
Ambuja |
2.56% |
2.56% |
10,000 |
1000 |
| 7 |
Hindalco |
0.86% |
0.86% |
28,200 |
800 |
| 8 |
Indian
Hotels |
1.69% |
1.74% |
13,350 |
600 |
| 9 |
Indian
Rayon |
3.02% |
3.02% |
7,170 |
600 |
| 10 |
ICICI |
1.54% |
1.54% |
13,200 |
800 |
| 11 |
IPCL |
2.04% |
2.12% |
14,850 |
1100 |
| 12 |
ITC |
2.26% |
2.32% |
53,600 |
3200 |
| 13 |
L
& T |
2.13% |
2.19% |
24,850 |
1400 |
| 14 |
Mah
& Mah |
1.72% |
1.86% |
17,700 |
1200 |
| 15 |
Ranbaxy
Labs |
1.55% |
1.59% |
14,550 |
600 |
| 16 |
Reliance |
1.35% |
0.86% |
67,470 |
3000 |
| 17 |
S.A.I.L. |
1.21% |
1.32% |
33,000 |
3300 |
| 18 |
State
Bank of India |
1.23% |
1.23% |
68,850 |
2700 |
| 19 |
Telco |
2.44% |
2.52% |
45,500 |
3500 |
| 20 |
VSNL |
1.13% |
1.13% |
42,960 |
2400 |
| Average |
1.87% |
1.90% |
520,875 |
~ |
| *
Impact cost has been calculated using quotes on 29-Jul-97. |
| **
The smallest market lot size for execution purposes is taken as 100 GDRs. |
|
|
