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Market@February 22: Day's report

Software stocks remained volatile. After witnessing panic selling during the first half, stocks recovered sharply.

Himachal triggered the recovery. From a lower circuit of 8 per cent, the counters managed to turn positive during the second half. Finally, it was down by 2 per cent.

Tata Elxsi, meanwhile, hit 16 per cent upper circuit. HCL Info also gained 6 per cent. Other stocks also managed to show a sharp recovery from their respective lows.

Old economy counters also attracted selling pressure and volatility was witnessed on cement counters. ITC was major gainer. It gained 4 per cent.

Reliance also showed a smart recovery from the day's low during the second half of the day.

Sensex down 40 points at 4262. Nifty down 14 points at 1356.

Sensex:

• Open: 4252.27
• High: 4286.63
• Low: 4190.96
• Close: 4262.55

• Open: 1370.05
• High: 1370.05
• Low: 1335.65
• Close: 1356.30

Most active:
Himachal, Satyam, Zee, Infosys, Wipro.

Gainers: Between 7.9 per cent and 16 per cent
Tata Elxsi, HCL Info, Hind Zinc, IBP, Mobile Tele, World Tech, Amtek India.

Gainers: Between 5 per cent and 7.89 per cent
Sterlite, VSNL, CMC, Atlas Copco, Fujistu ICIM, Panacea Bio, RPG Life.

Losers: Between 7.9 per cent and 16 per cent
Bombay Dyeing, Kesoram, Padmalaya Tele, Onward Tech, Ami Computers, Jindal Online, Sibar Soft, Cybermate.

Losers: Between 5 per cent and 7.89 per cent
Global, Pentamedia, Tata Tea, Saw Pipes, Century, Thermax, Bharat Forge, Mukta Arts, Voltas, Birla Corp.

Money

Market Report

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