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March 8, 2000

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Market@8 March: Day's report

The market was extreme volatile today. Infosys opened at the upper circuit, but dipped by more than four per cent later. During mid-session, it sharply recovered, and hit the upper circuit. However, during the last hour, it showed a sharp fall losing a major part of its recovery.

Sensex lost 80 points to 5509. Nifty was down 32 points to 1670.

Other software stocks also reported panic selling as Satyam hit the down circuit. Pivotals too remained extremely weak.

Himachal, Satyam Computer and Infosys topped the volume charts, accounting for nearly 40 per cent of the total trading volume for the day.

Sensex

  • Open: 5711.88
  • High: 5711.88
  • Low: 5439.14
  • Close: 5509.32

Nifty

  • Open: 1717.75
  • High: 1765.25
  • Low: 1654.45
  • Close: 1670.55
  • BSE advances: 848
  • BSE declines: 1390
  • BSE unchanged: 208
  • BSE volume: Rs 5630 crore
  • NSE volume: Rs 7215 crore

Stocks at upper circuit
Global Tele, Sterlite, Lee & Nee Soft, GV Films, Odyssey Technologies, Lippi System, Sri Adhikari, Maximaa System, Leading Edge, IDBI, Appu Industries, GAIL, Kopran, Citicorp Securities, Multi Arc, Punjab Communication, Hinduja Finance, Shyam Tele, Bhandari Industries, Tamil Tele and Webel Communication.

Stocks at lower circuit
Satyam Computer, Rolta, Reliance Capital, Digital Equipment, SSI, Reliance Petro, BSES, SBI, TISCO, ICICI Bank, HPCL, BPL, Indo Gulf, Frontier Info, Zenith Computers, Nexus Software, Cybermate, SQL Star, PCS, Datapro, Bharat Electronics, GNFC, Essel Packaging, Synergy Log-In, Philips, LCC Infotech, Tata Finance, Apollo Tyres and Jain Studio.

Stocks up over 5 per cent
Tata Elxsi, Aftek Infosys, Grasim, Yash Management, Tata Telecom, Kaashyap Radiant, Nicholas Piramal, Kirloskar Investment, GTCL Mobile, Jaiprakash, GR Cables, RPG Cables, TVS Electronics, Shiv Vani, Uniport Computers, Shri Krishna Poly, Bank of Punjab, Insilco, ITC Bhadrachalam, Sunku Auto, Hotel Leelaventure and Tata Infotech.

Stocks down over 5 per cent
Silverline, Reliance, HCL Infosys, ACC, Moser Baer, Parekh Platinum, Modiluft, Dr. Reddy's, Videocon International, M&M, Monalisa Infotech, Hughes Software, Vision Technology, Parke Davis, BPCL, NOCIL, MRF, Mastek, GSFC, Sandesh, Soffia Software, Mirc Electronics, Krebs Bio and Kajaria Ceramics.

Stocks

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