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May 10, 2000

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Market@May 10: Day's report

The market was highly volatile today. Immediately after a firm open, stocks showed a sharp dip. A recovery set in but there was selling at higher levels, and values showed a sharp fall during the second half of the day. Almost all the software stocks showed a negative close, and stocks like Global Tele, Himachal and SSI hit the lower circuits during the day.

Sensex down 121 points at 4457. Nifty down 16 points at 1362.

Trading volume remained reasonably high. Satyam Computer, Zee, Himachal, Global Tele and Infosys topped the volume chart accounting for 55 per cent of total trading volume on the BSE.

BSE Sensex

  • Open: 4593.38
  • High: 4593.38
  • Low: 4449.89
  • Close: 4457.03

S&P CNX Nifty

  • Open: 1380.40
  • High: 1391.35
  • Low: 1359.65
  • Close: 1362.00
  • BSE advances: 611
  • BSE declines: 848
  • BSE unchanged: 161
  • BSE volume: Rs 3156 crore
  • NSE volume: Rs 4411 crore

Gainers: Between 7.9 per cent and 12 per cent
Orient Info, Dabur, Bombay Dyeing, Melstar Info, Cadila Health, Kotak Mahindra, Bhartiya Int, Uniflex Cables, Kopran Drugs, Zicom Electronics.

Gainers: Between 5 per cent and 7.9 per cent
Anco Communication, Eveready, Atcom, Snowcem, Datasoft, Transmatic, VXL Instruments, Bull Power, Birla 3M.

Losers: Between 12 per cent and 7.9 per cent
Global Tele, Zee, SSI, Grasim, Shyam Tele, Alok Textile, Kaashyap Rad, Tube Inv, Wordwide Tele, Leading Edge, IEC Soft, Gramophone, Mascon Global, Apollo Hospitals.

Losers: Between 7.9 per cent and 5 per cent
Satyam, Himachal, Silverline, Wipro, IPCL, Padmini Poly, HCL Tech, TV 18, Punjab Tractors, Mastek, Ballarpur, Hinduja Finance, Fujitsu ICIM, Adam Comsoft, Colour Chips, Bausch & Lomb, Titan, Sonata Software.

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