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Market@May 18: Day's report

Market remained weak for a major part of the day. Barring a few counters, software stocks remained under selling pressure. Himachal Futuristic hit the upper circuit of 12 per cent, Global Tele gained 9 per cent while Wipro hit the lower circuit of 12 per cent.

Meanwhile, for the second consecutive day refinery stocks remained in great demand. Stocks from Reliance group came under strong selling during the last one hour of trading.

Trading volumes remained extremely dull. Satyam Comp, Zee Tele, Himachal Futuristic, Global Tele, and Infosys topped the volume charts accounting for 55 per cent of total trading volume on the BSE.

Sensex down 44 points at 4190, Nifty down 14 points at 1296.

Sensex

• Open: 4205.48
• High: 4254.35
• Low: 4159.90
• Close: 4190.01

Nifty

• Open: 1311.30
• High: 1316.20
• Low: 1289.55
• Close: 1296.85

• BSE advances: 529
• BSE declines: 814
• BSE unchanged: 138
• BSE volume: Rs 1840 crore
• NSE volume: Rs 2785 crore

Gainers: Between 7.9 to 12 per cent
Himachal Futuristic, Global Tele, HPCL, BPCL, VSNL, KLG Systel and Arvind Remedies.

Gainers: Between 5 to 7.9 per cent
Tisco, Essel Packaging, Cochin Ref, Hikal Chem, Amtek Auto, Elbee Services, Excel Ind, Classic Bio and Deepak Fert.

Losers: Between 5 to 7.9 per cent
Hinduja Finance, Bom Dyeing, Kaashyap Rad, Sesa Goa, Parekh Platinum, Advent Comp, Onward Tech, Nocil, Colour Chips, Glenmark Pharma and Ace Soft.

Losers: Between 8 to 12 per cent
Wipro, Rel Petrol, Rel Capital, PSI Data, Aftek Info, Valiant Com, Nath Seeds, Jupiter Orga, Atcom Tech, Valiant Com, Atcom Tech and Catvision.

Stocks

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