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June 13, 2000

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Market@June 13: Day's report

A fall on the Nasdaq affected tech stocks in the first half of the day. A large number of stocks opened weak and came under strong selling pressure. However, during the second half, tech stocks showed a sharp recovery led by Himachal Futuristic. It was the first counter to hit the 8 per cent upper circuit. SSI also hit the 8 per cent upper circuit. Other stocks also showed a smart recovery.

Sensex down 24 points at 4615, Nifty down 8 points at 1432.

Non-software stocks remained dull for a major part of the day. Reliance started the day with a positive note but ended weak.

Most active
Himachal, Satyam Computer, Zee Tele, Infosys and Silverline topped the volume chart accounting for 53 per cent of the total traded volume on the BSE.

Sensex

  • Open: 4583.34
  • High: 4640.59
  • Low: 4555.09
  • Close: 4615.13

S&P CNX Nifty

  • Open: 1438.80
  • High: 1438.80
  • Low: 1411.90
  • Close: 1432.90
  • BSE advances: 725
  • BSE declines: 695
  • BSE unchanged: 131
  • BSE volume: Rs 3689 crore
  • NSE volume: Rs 4817 crore

Gainers: Between 7.9 per cent and 12 per cent
Himachal, SSI, Indo Gulf, Nelco, Frontier Info, Philips, ABB, Sierra Optima, Kesoram, Sri Adhikari, Parekh Plat, Valiant Com, Movilex Irrigation, Abacus Comp, Datasoft App, Spic Electro, Salora Int, Birla 3M.

Gainers: Between 5 per cent and 7.9 per cent
Sterlite, Videocon Int, Ballarpur, Bausch & Lomb, GNFC, Cochin Ref, ITC Bhadra, Wockhardt, Krone Com, Sibar Soft, Fintech Com, Hotel Leela, Whirlpool.

Losers: Between 12 per cent and 7.9 per cent
BSES, Shyam Tele, Leading Edge, Atcom, KEC International, Citicorp, Asahi Ind, Sriven Multi, Ace Software.

Losers: Between 7.9 per cent and 5 per cent
HCL Tech, McDowell, VSNL, Cadila Healthcare, TV 18, Eupharma, Tata Telecom, Octagon Tech, Appu Industries, Filmcity Media, Deepak Fert, ICES Soft.

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