Books
Columnists
Indian Tax
Insurance
Interview
Mutual Funds
NRI Tax
Personal Finance
Personal Banking
Real Estate
Stocks

Market@May 22: Day's report

The market remained extremely weak today. Software stocks opened with a downward gap as Nasdaq fell sharply on Friday. After a minor correction in the afternoon, there was a strong selling pressure in the second half. A large number of software stocks hit the lower circuits. For the first time in the last eleven months, the index closed below 4000-mark. The sentiment also affected non-software stocks.

Sensex down 148 points at 3920. Nifty down 35 points at 1233.

Meanwhile, trading volumes remained low. Satyam, Infosys, Himachal, SIlverline, and Zee Tele topped the volume chart accounting for 51 per cent of the total traded volume on the BSE.

Sensex

• Open: 3978.54
• High: 4015.38
• Low: 3924.37
• Current: 3920.18

S&P CNX Nifty

• Open: 1267.85
• High: 1267.85
• Low: 1228.40
• Current: 1233

• BSE advances: 474
• BSE declines: 861
• BSE unchanged: 108
• BSE volumes: Rs 1928 crore
• NSE volumes: Rs 2732 crore

Gainers: Between 7.9 per cent and 12 per cent
Global Trust, Websity Info, Amex Info, Elbee Services, Hoganas, Dena Bank, Vorin Lab, Chambal Fertilisers.

Gainers: Between 5 per cent and 7.9 per cent
Shyam Tele, Magan Ind, NRB Bearings, Hotel Leela, Kerala Ayurved, Bannari Amman, Orient Paper, Amtrex App, Wim Plast.

Losers: Between 12 per cent and 7.9 per cent
Wipro, Zee Tele, Infosys, Global Tele, L&T, SSI, Rolta, Sterlite, ACC, HCL Tech, VSNL, Aptech, Kale Consultants, Anco Com, Hinduja Finance, Vikas WSP, Mastek, Ram Info, Colour Chips, ABB, Kotak Mahindra.

Losers: Between 7.9 per cent and 5 per cent
Satyam, Himachal, Pentamedia, India Cement, Padmini Poly, Escorts, Orient Info, Hero Honda, Bata, Amara Raja Bat, Sibar Soft, ITC Bhadra, Adam Comsoft, Nelco, C-Mac Centum Electronics, Alok Textile, Adarsh Derivatives.

Stocks

Tell us what you think of this feature