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March 1, 2001
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Market@March 1: Day's report

After a firm open, the software stocks witnessed panic selling during the second half. Infosys and Satyam Comp lost 9 per cent each. Zee, Wipro, Global, Silverline, Pentamedia and NIIT also lost substantially.

While other stocks witnessed huge selling, Himachal remained the star perfomer. In the last one hour of trading, the stock showed a spurt of 18 per cent from its low and at the end, it was up 12 per cent.

The performance of old economy counters was impressive. SBI, Reliance, Tisco, ACC, Gujarat Ambuja, Ranbaxy, Cipla and Bhel recorded impressive gains.

Sensex up 24 points at 4271. Nifty up 11 points at 1362.

Sensex:

  • Open: 4288.23
  • High: 4386.98
  • Low: 4215.27
  • Close: 4271.00
S&P CNX Nifty:
  • Open: 1351.75
  • High: 1399.55
  • Low: 1345.05
  • Close: 1361.80
  • BSE advances: 675
  • BSE declines: 704
  • BSE unchanged: 133
  • BSE volume: Rs 5548 crore

Most active:
Satyam, Himachal, Reliance, Infosys, Global.

Gainers: Between 7.9 per cent and 16 per cent
Himachal, ICICI Bank, Hero Honda, India Cements, Kale Consulting, Corporation Bank, Kesoram, Balaji Tele, IEC Soft.

Gainers: Between 5 per cent and 7.89 per cent
Reliance, SBI, L&T, Tisco, ACC, Cipla, Sterlite, VSNL, Ranbaxy, Jaiprakash, Gujarat Ambuja, Century, Dabur, Glaxo, Pun Tractors.

Losers: Between 7.9 per cent and 16 per cent
Satyam, Infosys, Pentamedia, Polaris, Visualsoft, LCC Info, Anco Com.

Losers: Between 5 per cent and 7.89 per cent
Global, Silverline, NIIT, HCL Info, HCL Tech, Moser Baer, Hughes Soft, Mukta Arts, TV 18, Tips.

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