share of pnb over 5985 lakh ifci shares were traded on bse so far at 1240 pm selective buying was witnessed in engineering stocks with major gainers being siemens 1 and engineers india 1 at 1235 pm the market inched up further in early afternoon trades following buying in select commodity blue chips like grasim tata steel hindalco and reliance industries technology scrips were also trading higher however selling continued in pivotals like bharti televentures reliance energy and lt after recent gains at 1230 pm merrill lynch capital markets espana has acquired another 04 per cent stake in lic housing finance ltd through open market purchases taking its total stake to 715 per cent the national stock exchange nse said on tuesday at 1225 pm tech pivotals registered modest gains infosys tech up 093 to rs 5400 satyam computer up 082 to rs 339 and wipro up 004 to rs 161650 were trading higher on fresh buying at 1220 pm mazda ltd has been awarded an order worth rs 177 crore by reliance industries for installing a steam jet ejector system at the latters jamnagar coker plant the installation the first of its kind coupled with sophisticated instruments would dramatically reduce the running costs mazda informed the stock exchange at 1215 pm the rajasthan high court has issued notices to unit trust of india and the centre on a public interest litigation against closure of children growth fund scheme by utimarket live at 1210 pm hindalco industries ltd said on tuesday its aluminium production in january rose 17 per cent from a year earlier to 29600 tonnes hindalco the countrys largest aluminium maker produced 269502 tonnes of the metal in the first 10 months of the year to the end of march 2004 compared with 216252 tonnes in the corresponding period of the previous year at 1203 pm the disinvestment ministry on tuesday favoured discount to retail investors in the forthcoming public issues in six companies beginning with public float of ipcl on february 20 at 1155 am balaji telefilms spurted 641 to rs 10290 as buying gained momentum over one lakh shares have been traded on the bse so far at 1150 am icici bank was trading higher by 231 at rs 31630 the stock held on to gains on sustained buying after a recent fall from higher levels singapores state investment agency temasek holdings has raised its stake in the bank to 728 over 655 lakh icici bank shares were traded on bse so far at 1145 am punjab alkalis chemicals was up 47 per cent on the bse the stock however witnessed volatile trends as it came off sharply from a high of rs 19 at 1140 am indices remain rangebound in lacklustre market among