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May 23, 2000

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Market@May 23: Day's report

Software stocks opened weak and immediately came under strong selling pressure. However, during the last one hour, investment buying took place in a large number of software counters. Infosys, Himachal, Silverline and Wipro were the key stocks to show a smart recovery. But non-software stocks remained depressed. Overall, except the last one hour of trading, the trading volume remained thin.

Sensex closed 16 points up at 3936. Nifty was down 3 points at 1230. The Sensex close was 100 points higher than the intra-day low and very close to the high.

Satyam Computer, Infosys, Himachal, Zee Tele and Silverline topped the volume chart accounting for 51 per cent of the total traded volume on the BSE.

Sensex

  • Open: 3878.82
  • High: 3940.54
  • Low: 3831.86
  • Close: 3936.05

S&P CNX Nifty

  • Open: 1229.35
  • High: 1230.90
  • Low: 1203.20
  • Close: 1230.30
  • BSE advances: 543
  • BSE declines: 844
  • BSE unchanged: 158
  • BSE volumes: Rs 2259 crore
  • NSE volumes: Rs 3008 crore

Gainers: Between 7.9 per cent and 12 per cent
Asian Paints, Bombay Dyeing, ITC Bhadra, Atcom, Elbee Services, Leading Edge, Cheminor Drugs, Kinetic Honda, Amex Info.

Gainers: Between 5 per cent and 7.9 per cent
Wipro, Silverline, Moser Baer, VSNL, Siemens, Shyam Tele, Krone Comm, Finolex Cables, Parekh Platinum, Websity Info, GV Films, Alok Textile, NRB Bearings.

Losers: Between 12 per cent and 7.9 per cent
L&T, Cipla, Aptech, TV 18, Crest Com, TVS Electronics, VXL Instruments, Computech, Cybertech, SKF Bearings, Colour Chips, Shri MM Soft, Arvind Remedies, Hikal Chem, BSEL Info.

Losers: Between 7.9 per cent and 5 per cent
HCL Tech, Vikas WSP, M&M, Hughes Soft, Cadila Healthcare, Nirma, Indian Hotels, Anco Comm, Sonata Soft, IDBI Bank, Adarsh Derivatives, Gail, Sierra Optima, EID Parry, KLG Systel, Octagon Techno, C-Mac Centum Electronics.

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