Buy and Sell for Free! Wednesday, February 2, 2000
fesub.gif (4328 bytes)
Full Story
fe.gif (834 bytes) flnews.gif (5153 bytes)
Search FE
-
Download
BSE Quotes
NSE Quotes
-
Think Tank
This week we focus on a complete analysis of the
telecom industry
-
 

Equities recover after early fall 

Press Trust of India  
Chennai, Feb 1: Mid-session buying support helped equities recover from their initial losses to close with modest gains or losses. The MSE share price index remained unchanged at 5427.33 points.

Helios Matheson, after declining to Rs 114.50, recovered to settle at Rs 124.60, with a net gain of Rs 8.20. Kashyap Radiant recovered by Rs 7.05 to Rs 222.80, Gemini Communication by Rs 4.40 to Rs 91 and California Soft by Rs 2.05 to Rs 227.70. Cybermate improved by Rs 20.25 to Rs 319.40, Comp Winfos by Rs 10.45 to Rs 193.80 and Synergy Log by Rs 7.15 to Rs 160.65.

Advent Computer moved up further by Rs 9.95 to Rs 134.50 and Zenith Computer by Rs 6 to Rs 82.50. Zee Television was better at Rs 1240. Odyssey Tech, Info Drive, Fortune Informatics, Innovative Soft and Sanra Computer all dropped marginally while Sofia Soft lost Rs 4.35 at Rs 453.30. Logix Micro declined by Rs 9.60 to Rs 175.40.

Amrutanjan drifted by Rs 5.70 to Rs 384.30 while Rane Brake rose by Rs 7 to Rs 105. Rajapalayam dipped by Rs 50 to Rs 1825. Periakaramalai slipped by Rs 3 to Rs 54. Anco Communiation, Elnet Tec, Deccan Hospital, Hatsun Agro, Harita Finance Impal, Karturi Floritec, Kerala Ayurved, Octagon Tec, Pradeep Drug and SIP Industries finished better. Orient Bank shed Rs 2.20 to Rs 44.35.

ON BSE, too, equities recovered initial losses and select scrips even posted handsome gains following buying support from speculators as well as selective purchases from foreign institutional investors. A sharp turnaround in the Nasdaq composite index and the Dow Jones industrial average prompted a rally in infotech stocks.

Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.

- Lead Stories | Corporate | Infrastructure | Commodities | Economy/Finance | BSE Today | NSE/ Markets | Strategy | Convergence | After Hours top.gif (150 bytes)Top
flame.jpg (1068 bytes) © Copyright 1999: Indian Express Newspaper(Bombay) Ltd. All rights reserved throughout the world.
This entire edition is compiled in Mumbai by The Indian Express Online Media Limited, a division of
The Indian Express Group of Newspapers. Managed by The Indian Express Online Media Limited and hosted by CerfNet.