Intraday Tips StockMarket Update
Speed of the fast growing Asian Markets to see theeffect of the Indian Stock Market is clear. IT, technology andoil and gas stocks declined in the selling pressure in themarket. But consumer durables, realty and auto stocks have beenshopping at the market's downward pressure. Infosys in thebusiness market in the meantime there is the weakness of 3 percent. HDFC, ONGC, TCS and Sterlite Industries shares recorded inthe 2-2.5 per cent. Reliance Industries has broken the 2 percent. Hindalco, BHEL, Wipro, NTPC, Tata Power, ICICI Bank, ITC,Coal India, HDFC Bank, Tata Motors, Sun Pharma, Cipla and HUL haveseen weakness in the 0.5 to 1.9 per cent. However, 3.5 per centrecorded in Motokorp hero. In addition, Jindal Steel, M & M,Bajaj Auto, Tata Steel, L & T, SBI and Jaiprakash Associates havealso seen shopping. The BSE 30-share Sensex down 200 points, istrading at 16 621. The 50-share benchmark index of the NSE Niftyis trading at 58 points away in 4981.
Intraday Stock Tips
Market at 10:30pm
Market is not slowing down. All except theselling pressure on stocks of consumer durables. Sensex down213 points 16 608 and the Nifty down 62 points at the level of4977. Veteran shares - with the midcap and smallcap stocks areselling. The highest decline is seen in IT stocks. Around3 per cent, Infosys, TCS 2 per cent, 1 per cent of Wipro's weak. HeroMotokorp, Tata Steel, Jindal Steel and Bajaj Auto among the Sensexstocks are weak. Reliance Industries 2.5 per cent, 2.3 per centof HDFC, BHEL 2 per cent, 2 per cent of Hindalco, Sterlite Industriesare down 2 percent.
Nifty Intraday Tips
Market opening
Indianstock markets open on Monday with weakness. BSE Group IT, realtygroups are weakened 1.56 percent to 1.30. Medium, there islittle selling pressure on stocks. Nifty DLF, Hindalco, TCS,Reliance Capital, Infosys 2.04 per cent to 2.81 are vulnerable. Sensex down 147 points at 9:18 am at 16 673, while the Nifty lost 52points, was trading at 4987. Asian markets are showing signs ofweak today.