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June 26, 2000

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Market@June 26: Day's report

Friday's fall in Nasdaq had a negative impact on opening prices of the software stocks. A large number of software stocks opened weak and lost further ground in the first half. Several stocks dipped below the 8 per cent limit.

However, sentiment improved drastically for the software stocks in the last one hour of the day when Wipro showed a sharp recovery and closed 10 per cent high. Other software stocks like SSI, Satyam Comp, Himachal and Silverline also showed sharp recovery from the low.

Meanwhile, the non-software segment remained dull and failed to show any gains. The trading volume was relatively low.

Sensex down 53 points at 4669, Nifty down 23 points at 1449.

Sensex

  • Open: 4674.21
  • High: 4697.63
  • Low: 4607.58
  • Close: 4669.07

Nifty

  • Open: 1472.15
  • High: 1472.15
  • Low: 1431.25
  • Close: 1449.35
  • BSE advances: 611
  • BSE declines: 753
  • BSE unchanged: 99
  • BSE volume: Rs 3260 crore
  • NSE volume: Rs 4268 crore

Most active stocks
Himachal, Satyam Comp, Zee Tele, Global Tele, Silverline.

Gainers: Between 7.9 per cent and 12 per cent
Wipro, HCL Tech, Nirma, Vikas WSP, Kale Consultants, Sibar Soft, Nalco, Onward Tech, Suven Pharma, Nedungadi Bank.

Gainers: Between 5 per cent and 7.89 per cent
Advent Comp, Gruh Finance, GV Films, Datapro Info, Nath Seeds, Shipping Corp, S Kumar Power, Abott Labs, Rinki Hydro, Denim Ent.

Losers: Between 7.9 per cent and 12 per cent
Pentamedia, Mastek, Sonata Soft, Hotel Leela, Jindal Steels, Excel Ind, Mudra Cons, Elbee Services, Appu Ind, BFL Soft.

Losers: Between 5 per cent and 7.89 per cent

Global Tele, Rel Capital, IPCL, BPCL, Goldstone Tech, Syndicate Bank, Melstar Info, Aplab, Tata Timken, Vans Info, Krebs Bio.

Market Report

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