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Market@May 17: Day's report

Prices opened firm in the morning and gained further strength. In the first one hour, a large number of software stocks hit the upper circuit. However, panic selling gripped the software sector during the last one hour of trading, and almost all the software counters lost their early gains. In fact, many stocks showed a negative close. Himachal Futuristic hit the lower 8 per cent circuit. However, Reliance, ITC and key refinery stocks remained in demand.

Trading volumes were compartively high. Satyam Computer, Infosys, Zee Tele, Silverline, and Reliance topped the volume charts accouting for 53 per cent of total trading volume.

BSE Sensex closed 18 points higher at 4230 points while NSE closed nine points higher at 1308 points.

ITC, Hindustan Lever, Satyam Computer and Zee closed strong.

Sensex

• Open: 4306.01
• High: 4367.22
• Low: 4195.19
• Close: 4239.02

Nifty

• Open:1310.80
• High: 1347.70
• Low: 1303.75
• Close: 1313.35

• BSE advances: 734
• BSE declines: 674
• BSE unchanged: 157
• BSE volume: Rs 2585 crore
• NSE volume: Rs 3985 crore

Gainers: Between 7.9 to 12 per cent
HPCL, VSNL, Philips, Fujitsu, Denim Enterprise, C-Mac Centum Elec, Mindteck, Sierra Optima and TVS Srichakra.

Gainers: Between 5 to 7.9 per cent
Grasim, BPCL, Shyam Tele, IOC, Thomas Cook, Gramophone, Sibar Soft, Maars Soft, Valiant Com, ONGC, Snowcem, NRB Bearings, Nalco, Madura Coates, Octogon Tech, Kotak Mahindra and Websity Info.

Losers: Between 5 to 7.9 per cent
Himachal FuturisticL, Fortune Info, Colour Chips, Jupiter Orga, Atco, Vikas WSP, Vakrangee and Clio Info.

Losers: Between 8 to 12 per cent
SSI, HCL Tech, Advent Comp, Modiluft, KLG Systel, Citicorp, Krone Comm, PCS, Madura Consultants, Abacus Comp and Cybermate.

Stocks

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