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April 24, 2000

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Market@April 24: Day's report

After a firm start, values started showing weakness later in the day. While few software stocks managed to show investment buying during the first half of the trading session, a large number of software stocks hit the lower circuits in the second half.

Sensex declined 148 points to 4509 points. Nifty dropped 43 points to 1372 points.

Reliance remained strong but dipped sharply in the last one hour of trading, losing 4 per cent on closing basis. Trading volume was comparatively higher.

Satyam Computer, Reliance, Global Tele, Zee and Infosys topped the volume chart accounting for 59 per cent of total trading volume on the BSE.

BSE Sensex

  • Open: 4723.27
  • High: 4723.27
  • Low: 4509.09
  • Current: 4509.09

S&P Nifty

  • Open: 1416.05
  • High: 1431.80
  • Low: 1371.85
  • Current: 1372.45
  • BSE advances: 486
  • BSE declines: 970
  • BSE unchanged: 122
  • BSE volumes: Rs 2531 crore
  • NSE volumes: Rs 3300 crore

Stocks at upper circuit
Bharat Electronics, HCL Technologies, Monalisa Infotech, Ashok Leyland, Agro Dutch, Invest Trust, Infotech Enterprises, Himatsingka Seide, Forbes Gokak, Hinduja Finance.

Stocks at lower circuit
Satyam Computer, Zee, Silverline, Global Tele, Himachal, ITC, Aptech, Moser Baer, DSQ Soft, Orient Info, McDowell, Cipla, Essel Packaging, Jain Studio, Padmini Poly, Vakrangee, Shri MM Soft, Carrier Aircon, KLG Systel.

Stocks up over 5 per cent
Polaris, VSNL, Upsurge Inv, TVS Electronics, Dena Bank, IDBI Bank, Sierra Optima, Bajaj Auto Finance, Design Auto.

Stocks down over 5 per cent
Pentamedia, SSI, Bhel, Digital Equipment, HCL Info, Indo Gulf, Hughes Software, HDFC, ICICI Bank, TV 18, Visualsoft, Apollo Tyres, Kale Consultants, Philips, Thermax, Pfizer, Britannia, Finolex Cables, Kaashyap Radiant.

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