Calcutta, Jan 25: The downtrend in share values persisted on Tuesday at the Calcutta Stock Exchange as waves of selling developed in the market shortly after the start. This turn was further worsened by discouraging Mumbai advice which depressed sentiment for alround recession in values.The turnover was fair and undertone was weak. With fresh fall in most of the shares, the CSE's 40-share index lost new ground at 2423.55 points against the day's lowest of 2422.47 and highest of 2476.15 points.
The exceptions to the generally sliding trend included Himachal Futuristic which wound up at Rs 969 on extended support. Elsewhere in the specified list the majority wound up below their yesterday's closing rates with losses rather sharp in select ones.
The non-specified list also turned weak in the wake of lower advice from the specified group..
Meanwhile on the Madras Stock Exchange, values of scrips drifted lower following selling pressure and closed with small to moderate losses. However, some software counters improved to close with modest gains.
The MSE share price index dropped by 46.74 points to close at 5536.53 against yesterday's close of 5583.27 points. TISCO moved down further by Rs 2 to Rs 152. Spencer drifted by Rs 6.65 to Rs 122.85, Rane Engine by Rs 7.65 to Rs 110, Rane Madras by Rs 5 to Rs 95 and Electropoly by Rs 5 to Rs 65.
Among infotech companies stocks, Fortune Info declined by Rs 42.75 to Rs 516.55, Advent Computer by Rs 9.30 to Rs 107.35 CG Vak Soft by Rs 5.40 to Rs 91.55, Compwinfos by Rs 5.60 to Rs 158.85, Cybermate by Rs 12.85 to Rs 246.
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