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Market@May 8: Day's report

The market opened firm as a large number of software stocks hit the upper circuit in the first 30 minutes of trading. However, sentiment turned bearish on account of selling at higher levels. Infosys led the downtrend as it hit the lower circuit. The selling gathered futher momentum during the second half of the day. Global Tele and Himachal were relatively strong. Among the pivotals, HLL, Reliance, and ITC remained weak.

Sensex down 222 points at 4471. Nifty down 58 points at 1364.

Overall, trading volumes were high. Satyam Computer, Infosys, Himachal, Zee Tele, and Global Tele topped the volume chart accounting for 60 per cent of total trading volume on the BSE. Infosys, DSQ Software and Wipro witnessed their record volumes.

BSE Sensex

• Open: 4744.83
• High: 4757.89
• Low: 4470.53
• Close: 4471.54

S&P CNX Nifty

• Open: 1423.25
• High: 1436.60
• Low: 1358.80
• Close: 1364.20

• BSE advances: 696
• BSE declines: 680
• BSE unchanged: 107
• BSE volumes: Rs 3741 crore
• NSE volumes: Rs 4835 crore

Gainers: Between 7.9 per cent and 12 per cent
Global Tele, IPCL, Punjab Tractors, Shyam Tele, Ballarpur, Bombay Dyeing, Peerless Shipping, Nalco, Vision Techno, Cinevista, Orient Info, Frontier Info, Anco Comm, Snowcem.

Gainers: Between 5 per cent and 7.9 per cent
Kale Consultants, Crest Comm, SQL Star, Sonata Soft, Datapro Info, Abacus Comp, Twinstar Soft, VXL Instruments.

Losers: Between 12 per cent and 7.9 per cent
Pentamedia, Wipro, Rolta, Infosys, DSQ Soft, SSI, ITC, Grasim, Padmini Poly, Polaris, Denim Enterprise, Nath Seeds, Onward Tech, CyberTech, Krone Comm, DSQ Biotech, Denso India, Eveready, Elbee Services.

Losers: Between 7.9 per cent and 5 per cent
Digital Equipment, Silverline, Zee, Reliance Capital, HLL, Moser Baer, M&M, HCL Techno, Guj Gas, Sibar Soft, Goldstone Techno, Jain Studio, BoB, ONGC, Arham Fiscal, Morepan Lab, CMC, TVS Electronics.

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