Market@August 23: Day's report

The day began well as values remained firm in the first half of the day. But in the afternoon, software stocks came under strong selling pressure with most of them closing lower than Tuesday. DSQ Software was the first to hit the lower circuit, and lost more than 8 per cent at the close. Silverline also dipped more than 5 per cent. Other stocks like Infosys, Global Tele, Himachal and Pentamedia also dipped sharply.

Sensex down 13 points at 4448. Nifty up 3 points at 1384.

Meanwhile, pivotals remained firm for a major part of the day and stocks like HLL, Reliance, ITC, MTNL, L&T, and ACC gained marginally. Trading volumes on both exchanges was quite high.

Sensex

• Open: 4447.70
• High: 4500.30
• Low: 4426.62
• Close: 4447.62

S&P CNX Nifty

• Open: 1381.6
• High: 1398.90
• Low: 1376.9
• Close: 1384.25

• BSE advances: 666
• BSE declines: 615
• BSE unchanged: 146
• BSE volumes: Rs 4877 crore
• NSE volumes: Rs 7800 crore

Most active
Zee Tele, Satyam, Global Tele, Himachal, Pentamedia.

Gainers: Between 7.9 per cent and 16 per cent
Vikas WSP, Shyam Tele, Hinduja Finance, Aurobindo Pharma, United Breweries, Nath Seeds, Parekh Plat, Netvista, Today's Writing.

Gainers: Between 5 per cent and 7.89 per cent
Reliance Capital, Philips, Bata, Valiant Communication, Bharat Forge, Tata Finance, Hotel Leela, Global Trust, SB&T, Tamilnadu Tele, IDBI Bank.

Losers: Between 7.9 per cent and 16 per cent
DSQ Soft, Mascon Global, Kaashyap Rad, Worldwide Tele, Kothari Products, Hind Sanitary.

Losers: Between 5 per cent and 7.89 per cent
Silverline, Orient Info, GV Films, Advent Comp, Anco Com, Wockhardt, Lee & Nee Software, Maars Soft, DSQ Biotech, Onward Tech, Aftek Info.

Money

Market Report

Tell us what you think of this report