StockMarket Trend 29 Dec 11 :- Due to weak signals from international, India Stock Markets is introduced with decline trend. Sensex down69 points on 15 659 and Nifty fell 25 points are open at 4681 . Due to Eurozone debt crisis concern over bankstocks is around 1 per cent weakness. Bankof India, PNB, Axis Bank, IndusInd Bank, ICICI Bank, Bank of Baroda,SBI, Union Bank has fallen from 1 TO 2.25 per cent. Realty, Metal, Auto, IT, Tech stocks have declined by 0.5 per cent. Power,Capital Goods, Consumer durables, FMCG stocks have alsoslipped. Hindalco, Tata Steel, Larsen & Toubro, JindalSteel, Tata Power, Infosys, M & M, Sterlite Industries, TataMotors, Bajaj Auto, BHEL, Sun Pharma 1 to 0.5 per cent are poor.
StockIntraday Tips For 29 December 2011
Divis Lab Buy, Stoploss - 771, Target - 788 –790.
Wipro Sell For 1 To 2 Days, Stoploss - 403, Target - 385.
M & M Sell For1 To 2 Days, Stoploss - 497, Target - 466.