Intraday Tips Stock Market Updates 6 Sep 11

Intraday Tips

StockMarket Updates :- Sharp decline in stock markets around the worldsince the beginning of the Indian markets has been accompanied byweakness. IT, Technology, Mater and power stocks witnessedselling pressure in stocks is. But consumer durables andhealthcare stocks have seen the light shopping.  In earlytrading the BSE 30-share Sensex down 47 points, is trading at 16666.The 50-share benchmark index of the NSE Nifty is trading at 20points away in 4997.  In the business market, the Wipro, TCS andInfosys IT giants such as 1 to 1.6 per cent in stocks hasdeclined. DLF, Tata Steel, Hindalco, ICICI Bank, BHEL, HDFCBank, Bharti Airtel, Coal India, Reliance Industries, SBI, and SunPharma are seeing weakness in the 0.5-1 per cent.  However,Maruti, Bajaj Auto, Tata Motors and Hero Motokorp auto giants such as0.5 to 2.8 per cent in stocks recorded strong. Besides, ONGC,Tata Power, L & T, Cipla and NTPC is seen shopping.  4-5 percent growth in the European markets on the Asian markets have had animpact. 0.5 to 1.25 percent in early trade indices in the Asianmarket is seeing weakness.