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Market@May 12: Day's report

Despite a recovery on the Nasdaq, software stocks failed to show gains. After a firm opening, software stocks started showing weakness and the momentum gathered speed during the second half of the day. The Sensex is back to the June 1999 levels.

Sensex closed 141 points down at 4110. Nifty closed 23 points lower at 1281.

In an extremely bearish market, ITC and L&T managed to attract huge buying interest and managed to show a positive close. The trading volume remained low.

Satyam, Infosys, Himachal, Zee and Silverline topped the volume chart accounting for 53 per cent of total trading volume on the BSE.

BSE Sensex

• Open: 4243.54
• High: 4267.87
• Low: 4102.77
• Current: 4109.81

S&P CNX Nifty

• Open: 1305.30
• High: 1326.30
• Low: 1276.40
• Current: 1281.35

• BSE advance: 447
• BSE decline: 1120
• BSE unchanged: 155
• BSE volume: Rs 2439 crore
• NSE volume: Rs 3522 crore

Gainers: Between 7.9 per cent and 12 per cent
Bombay Dyeing, Balaji Ind, Vakrangee, KSB Pumps, Cybermate, Khandwala Sec.

Gainers: Between 5 per cent and 7.9 per cent
SmithKline Consumer, Alfa Laval, Selan Exploration, Lupin Chemicals, Network, Jain Irrigation.

Losers: Between 12 per cent and 7.9 per cent
Zee Tele, Himachal, SSI, Silverline, Pentamedia, Global Tele, DSQ Soft, Sterlite, Reliance Capital, HCL Info, ICICI, Sun Pharma, Philips, Orient Info, Shyam Tele, Sibar Soft, Aftek Info.

Losers: Between 7.9 per cent and 5 per cent
Infosys, Wipro, Rolta, ACC, Ranbaxy, Bhel, Tata Elxsi, Videocon Int, Indo Gulf, United Phosphorus, GNFC, Hero Honda, Trent, Hoechst Marion, German Remedies, Usha Beltron, Bata, Kesoram, Zenith Comp, PSI Data, Mirc Electronics.

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