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Market@March 2: Day's report

Blood bath witnessed on bourses and the tech stocks stumbled badly. All tech counters took the beating.

The top traded counters touched their 16 per cent down circuit. Himachal, Satyam, DSQ Software, Global, SSI, Zee, SSI, Silverline, Aptech and HCL Tech hit the lower circuit of 16 per cent. Infosys also lost 13 per cent. Other counters also lost more than 10 per cent each.

The performance of old economy counters was also affected by the bearish sentiment in tech stocks and the stocks reacted sharply from the day's high.

ACC, SBI, L&T, MTNL and Bhel managed to gain marginally, whereas counters like HPCL and BPCL gained smartly. Other counters lost significantly. The overall trading volume was reasonably high.

Sensex down 176 points at 4095. Nifty down 51 points at 1307.

Sensex:

• Open: 4323.18
• High: 4341.67
• Low: 4077.42
• Close: 4095

S&P CNX Nifty:

• Open: 1360.25
• High: 1386.75
• Low: 1301.80
• Close: 1306.65

• BSE advances: 305
• BSE declines: 1226
• BSE unchanged: 114
• BSE volume: Rs 5353 crore

Gainers:Between 7.9 per cent and 16 per cent
Bank of Baroda, BPCL, Sandvik Asia, Kamat Hotels, Recon.

Gainers:Between 5 per cent and 7.89 per cent
HPCL, Hind Zinc, Nalco, Hikal, Munjal Showa.

Losers:Between 7.9 per cent and 16 per cent
Wipro, Satyam, Infosys, Digital, Global, Tata Elxsi, Aptech, Zee, DSQ Software, Silverline, NIIT, Telco, Indo Gulf Corp.

Losers:Between 5 per cent and 7.89 per cent
RPL, Sterlite, BSES, Tata Tea, ICICI Bank, Corporation Bank, HDFC, BOI, Escorts.

Money

Market Report

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