2 min read
Journalism of Courage
Premium
This is an archive article published on December 18, 1999
Infosys sets new record
MUMBAI, DECEMBER 17: After a better spell, share values on the Bombay Stock Exchange BSE reacted today on emergence of profit-taking mai...
MUMBAI, DECEMBER 17: After a better spell, share values on the Bombay Stock Exchange BSE reacted today on emergence of profit-taking mainly on end-account considerations. Initially, the market appeared bullish with the trend-setter Infosys Technologies setting a new record high. However, a sharp setback in the index heavy-weights like Hindustan Lever, HPCL, ITC, NIIT, Ranbaxy, Reliance etc, Sensex lost towards the end.
The BSE sensitive index dropped from the inter-day high of 4766.84 to finish at 4675.85 with a net loss of 34.64 points compared to the previous level of 4710.49. The BSE-100 index was moderately down by 7.29 points at 2402.19 from the previous close of 2409.48.
Brokers said that a few infotech scrips and cyclicals have attracted fresh buying foreign funds. Select bank scrips too remained in the forefront on sustained speculative activity on speculation that the banking industry would witness more tie-ups in the near future.
Pentafour Software retained its top position in terms ofvolume by clocking the highest turnover of Rs 532.51 crore of the total volume of business of Rs 4080.80 crore, sharply up from the yesterday8217;s turnover of Rs 3249.98 crore.
Silverline firmed up by 22 to 816, ACC by 9 to 232.20 BHEL by 16.90 to 228.85, Grasim by 32.75 to 442.75, Hindalco B 50 to 860, Infosys Tech by 169 to 10055. However, HLL dropped by 36.75 to 2348, HPCL by 7 to 198, ITC by 17 to 604, NIIT by 80.50 to 2667.50, Mamp;M by 9.55 to 389.50, RIL by 2.80 to 220.15, SBI by 3.85 to 225.15, Telco by 6.50 to 206.50 and Tisco by 1.80 to 138.50.
Advertisement
Live Blog
PHOTOS
Top Stories
Advertisement
Must Read
Advertisement
Buzzing Now
- 01
- 02
- 03
- 04
- 05
Advertisement