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Rediff.com  » Business » Biggest gainers and losers in the market

Biggest gainers and losers in the market

By A Correspondent in Mumbai
May 17, 2004 20:37 IST
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There was massacre on Dalal Street as the Bombay Stock Exchange's Sensex suffered its second-largest fall of 564 points to close at 4505.

The NSE Nifty too was savaged, losing 197 points to close at 1385.5. Twice on Monday, markets fell below the circuit breakers, and trade had to be stopped.

On a day of tremendous volatility in the markets, where the Sensex also experienced its largest-ever intra-day fall of 787 points, stocks across the board plunged big time.

There were also some who gained while there was mayhem all around them.

Here's a list of some of the biggest losers in the market; and also the few which gained.

The biggest losers, percentage-wise, were:

  • Krone Communications 35.22%;
  • Reliance Energy (25.55%);
  • IPCL (24.36%);
  • Oriental Bank (23.74%);
  • Hinduja TMT (23.53%);
  • GAIL (21.30%);
  • Bank of Baroda (21.13%);
  • NIIT (20.64%);
  • HDFC (20.63%);
  • BHEL (20.32%);
  • Tata (Motors (19.98%);
  • IDBI (19.90%);
  • Wipro (18.36%);
  • HCL Info (17.95%);
  • SAIL (17.41%);
  • VSNL (16.67%);
  • IBP (16.65%);
  • Reliance (15.35%);
  • Infosys (10.92%);
  • MTNL (7.71%); and
  • Bajaj Auto (7.49%).

Some scrips which gained were:

  • Videocon Lease (19.65%);
  • Valson Synth (19.05%);
  • Aro Granite (12.54%);
  • Wires and Fabri (11.80%);
  • TCI Industries (9.23%);
  • Vaibhav Gems (8.45%);
  • Tide Water Oil (6.78%); and
  • Zee 6.44%).
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A Correspondent in Mumbai
 

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