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June 2, 2000
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Market@June 2: Day's reportA smart rally on Nasdaq positively affected market sentiment. Almost all the software stocks hit the upper circuit. A large number of them hit the 12 per cent circuit. Global Tele, DSQ Soft, SSI, Pentamedia, HCL Tech, Polaris and Hughes Soft feature in this list. The sentiment for the non-software stocks also remained position. Reliance and ITC were the two index-based counters which showed a negative close. Tisco hit the 12 per cent circuit. The pharma stocks also attract huge investment buying. Trading volume was quite high on the both exchanges. Himachal Futuristic, Satyam Computer, Zee Tele, Infosys and Global Tele topped the volume chart accounting for 36 per cent of the total traded volume on the BSE. This was the lowest contribution by top five counters indicating that almost all the counter witnessed good trading volume. The volume on Tisco counter was close to its all time high volume. Sensex gains 129 points at 4455, Nifty gains 36 points at 1385. Sensex
Nifty
Gainers: Between 7.9 per cent and 12 per cent
Gainers: Between 5 per cent and 7.9 per cent
Losers: Between 12 per cent and 7.9 per cent
Losers: Between 7.9 per cent and 5 per cent
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