IntradayTips 3 October :- The U.S. economy is showing increasing concernover the impact of the markets today. Intraday Tips Becauseof the sharp weakness in international markets, domestic markets areopen, with a decline of more than 1.25 per cent. Sensex down198 points 16 256 and Nifty fell 69 points to 4874 are open.Sensexand Nifty rose 2 percent after opening is weak. IT has been adecline in most stocks. 3 per cent of Wipro, HCL Tech 2.25 percent, 1.75 per cent of TCS and Infosys is down 2 percent. Intraday Tips Consumer goods, bank, metal, power is theweakness of 1 per cent in shares.Realty, FMCG, Auto, Healthcarestocks are in red. However, consumer durables stocks open flat. DLF, Tata Steel, Hindalco, Tata Power, Sesa Goa has dropped by 3-4per cent.Maruti and M & M looks for stocks. Asian marketsfall of the round. Nikkei, Cospi, Taiwan Index, Straits Times isthe weakness of the 2 per cent. The Hang Sang 4 per cent, 3.5per cent of Jakarta have crashed. On Friday, U.S. stocks hadclosed lower by 2 per cent. Also, the U.S. markets has touchedthe lowest level of the second quarter.
IntradayStock Tips 3 October 2011
1. Ranbaxy Buy for 1 week stoploss - 500 , Target - 540.
2. Bank of Baroda Sell for 2 days Stoploss - 780, Target 730.