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October 16, 2000
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Market@October 16: Day's report

The software stocks opened on a strong note in the morning and after remaining firm for some time the dowtrend started. All the software stocks showed a sharp fall from the peak.

Satyam was the first to fall, at close it was down more than one per cent. Infosys, Himachal, Wipro, Silverline and DSQ Soft also dipped sharply. NIIT meanwhile gained 13 per cent.

In the non-software segment, Reliance and HLL remained under pressure. MTNL, ITC and Ranbaxy did well.

Sensex down 9 points at 3730, Nifty unchanged at 1177 points.

Sensex

  • Open: 3908.73
  • High: 3930.10
  • Low: 3726.58
  • Close: 3729.99

Nifty

  • Open: 1177.85
  • High: 1228.80
  • Low: 1173.35
  • Close: 1176.75
  • BSE advances: 708
  • BSE declines: 375
  • BSE unchanged: 74
  • BSE volume: Rs 4232 crore

Most active stocks
Infosys, Himachal, Global Tele, Satyam, Zee Tele.

Gainers:Between 7.9 per cent and 16 per cent
NIIT, GE Shipping, Bilt, Bom Dyeing, HPCL, Sun Pharma, Crest Com, Visualsoft, Penta Com, Aftek Info, Morepan Lab, Vakrangee, Anco Com.

Gainers:Between 5 per cent and 7.89 per cent
Global Tele, MTNL, BPCL, HCL Tech, ITC Bhadra, Goldstone Tech, Hinduja Finance, RS Soft, Kesoram, Tata Finance, Maars Soft.

Losers:Between 7.9 per cent and 16 per cent
Mastek, BFL Soft, LCC Info, Kopran Drugs, Innovations.

Losers:Between 5 per cent and 7.89 per cent
HLL, Castrol, Top Cassetes, Cyberspace, Infotech Ent, Color Chips, Tamil Newsprint, Avon Organics.

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Market Report

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