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May 15, 2000

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Market@May 15: Day's report

Stocks opened extremely weak and continued to attract selling pressure. The sensex dipped to a 11-month low. However, after 10.50 am, recovery set in as a result of buying at lower levels in software stocks. The recovery process was for the rest of the day, and a large number of software stocks showed positive close. ITC, HLL, Satyam Comp, Zee Tele and Infosys helped the sensex to show a positive close.

Trading volumes were compartively high. Zee Tele, Satyam Computers, Infosys, Himachal Futuristic and Silverline topped the volume charts accounting for 59 per cent of total trading on the BSE. Wipro touched its all time high volume.

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

Sensex up 107 points at 4214, Nifty gains 15 points at 1298.

Sensex

  • Open: 4024.66
  • High: 4249.45
  • Low: 3912.95
  • Close: 4214.45

Nifty

  • Open: 1281.30
  • High: 1311.70
  • Low: 1220.70
  • Close: 1297.85
  • BSE advances: 599
  • BSE declines: 698
  • BSE unchanged: 109
  • BSE volume: Rs 2943 crore
  • NSE volume: Rs 3861 crore

Gainers: Between 7.9 per cent and 12 per cent
Silverline, Zee Tele, Dig Equipment, Sterlite, HCL Tech, Padmini Poly, Essel Packging, TV 18, Wartsila, MP Tele, Amtek Auto, Snowcem, Atcom Tech and Vakrangee.

Gainers: Between 5 per cent and 7.9 per cent
Satyam Comp, ITC, NIIT, IPCL, M&M, Cadila Health, Crompton Greaves, Jaiprakash, Mastek, Nath Seeds, Denim Enterprise, EIH and Cinerad Com.

Losers: Between 12 per cent and 7.9 per cent
Cinevista, Philips, Smithkline Pharma, Goldstone Tech, Fujitsu, ICI India, Tata Info, Melstar Info, Gramophone, Amex Info, Orchid Chem, Catvision and SKF Bearings.

Losers: Between 7.9 per cent and 5 per cent
Himachal Futuristic, DSQ Soft, VSNL, Bharat Forge, Advent Comp, VJIL, Max India, ITI, Nirma, Valiant Com, Cybertech, Vikas WSP, Zicom Elec, Birla Eri, Madura Coates, Monalisa, Aplab and Heritage Foods.

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