rediff.com
rediff.com
Money Find/Feedback/Site Index
      HOME | MONEY | STOCKS | MARKET REPORT
February 23, 2000

Books
Columnists
Indian Tax
Insurance
Interview
Mutual Funds
NRI Tax
Personal Finance
Personal Banking
Real Estate
Stocks

E-Mail this report to a friend

Market@23 Feb: Day's report

Panic selling in software and pivotals. Volatility at its peak. Sensex down 243 points at 5640. Nifty down 38 points at 1700.

Infosys, ITC and Wipro hit lower circuit.

A strong opening in HLL and other pivotals helped the Sensex stay firm in the early session. But panic selling, especially in software, hurt the sentiment. Index-based counters like Infosys, ITC, Reliance, HLL, Ranbaxy, SBI, L&T and MTNL recorded sharp declines.

The Sensex remained volatile throughout the day. The high of 6033.98 was touched at 1025 IST. Thereafter the trend was down all the way. The Sensex fell to 5625 at 1325 IST. Later, it rallied to 5740 points at 1430 IST but it hit the day's low at 5612.55 at 1513 IST.

  • BSE advances: 894
  • BSE declines: 1227
  • BSE unchanged: 209
  • BSE volumes: Rs 5206 crore
  • NSE volumes: Rs 7031 crore

Sensex
Open: 6002.49
High: 6033.98
Low: 5612.55
Close: 5640.03

Nifty
Open: 1745.20
High: 1818.15
Low: 1689.20
Close: 1700.85

Stocks at upper circuit
Dr.Reddy's Lab, HDFC, Nath Seeds, VSNL, Sri Adhikari, Blue Dart, Aplab, Worldwide Technologies, Veronica Lab, IDBI Bank, Lyka Labs, GR Cables, Yash Management, Avon Organics, Shri MM Soft, Cadbury, Websity Infosys, Uniport Computers, Goldstone Engineering, Onward Technologies, Catvision, Tata Telecom, Nimbus Industries, GV Films and IDBI.

Stocks at lower circuit
Silverline, Digital Equipment, Rolta, Reliance Capital, Infosys, Penfamedia, HCL Infosystems, Computech, ITC, BPL, Bajaj Auto, Tata Finance, Hughes Software, Tata Tea, Sriven Multi-Tech, Philips, McDowell, NELCO, Wipro, ITI, Maars Software, Indswift, Soffia Software, Hindustan Inks, Alpha Drugs, Sharp Industries and Mastek.

Stocks up over 5 per cent
Jain Studio, ABB, Soni Corp, Aftek Infosys, PSI Data, Gail, SRG Infotech, Today's Writing, Multi Arc, Siris, Autolite, Bhartiya International, Sunku Auto, VIP Industries, Jayant Agro, NRB Bearings, Natwest Finance and Tata Invesment.

Stocks down over 4 per cent
Zee Tele, Satyam Computer, Himachal Futuristic, Global Tele, DSQ Software, MTNL, Ranbaxy, L&T, Telco, Tata Steel, Tata Elxsi, Cybermate, Advent Computers, Synergy Log-In, ICICI Bank, TVS Electronics, Indo Gulf, RS Software and Gujarat Ambuja.

Stocks

Tell us what you think of this feature

HOME | NEWS | BUSINESS | MONEY | SPORTS | MOVIES | CHAT | INFOTECH | TRAVEL
SINGLES | NEWSLINKS | BOOK SHOP | MUSIC SHOP | GIFT SHOP | HOTEL BOOKINGS
AIR/RAIL | WEATHER | MILLENNIUM | BROADBAND | E-CARDS | EDUCATION
HOMEPAGES | FREE EMAIL | CONTESTS | FEEDBACK

Disclaimer