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June 9, 2000

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Market@June 9: Day's report

The volatility factor was again at its peak in software stocks. Wild moves were witnessed in counters like Silverline, Himachal, Global Tele, DSQ Soft, Infosys, and Satyam Computer. As a result, the trading volume was quite high on both the exchanges. On the BSE, it touched a 3-month high.

Sensex up one point at 4730. Nifty up two points at 1465.

Meanwhile, there was strong buying in pivotals. MTNL hit the 12 per cent circuit. Telco, Grasim, ACC, L&T and SBI also attracted huge buying. Reliance remained strong in the first half but showed a sharp decline in the second half. Meanwhile, Himachal, Satyam, Silverline, Infosys and Global Tele topped the volume chart accounting for 48 per cent of the total traded volume on the BSE. Volume in Silverline counter touched a six-month peak.

Sensex

  • Open: 4772.00
  • High: 4797.59
  • Low: 4712.21
  • Current: 4730.08

S&P CNX Nifty

  • Open: 1464.30
  • High: 1485.50
  • Low: 1458.90
  • Close: 1465.70
  • BSE advances: 692
  • BSE declines: 846
  • BSE unchanged: 170
  • BSE volume: Rs 4537 crore
  • NSE volume: Rs 6041 crore

Gainers: Between 7.9 per cent and 12 per cent
MTNL, IPCL, Bombay Dyeing, Tata Power, Escorts, Frontier Info, Computech, Voltas, Nelco, Kaashyap Rad, ITI, KLG Systel, Mirc Elect, GIPCL, Alps Info, Hotel Leela.

Gainers: Between 5 per cent and 7.89 per cent
Telco, BSES, Century, IDBI, United Phosphorus, Tata Chem, Melstar Info, Arvind Mills, Octagon Tech, Fintech Com, Ami Computers, Sibar Soft.

Losers: Between 12 per cent and 7.9 per cent
Himachal, Sun Pharma, Goldstone Tech, Excel Ind, Denim Ent, Vikas WSP, Gramophone, Jupiter Orga, Bits, Vakrangee, Mastek, PCS, Salora Int, Mindteck.

Losers: Between 7.89 per cent and 5 per cent
Zee Tele, DSQ Soft, Punjab Tractors, Cadila Healthcare, Shyam Tele, Crest Communication, Datapro Info, Bharat Electronics, Color Chips, Fujitsu ICIM, Hoechst Marion, Tata Telecom, Nocil.

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