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Stock Market on 19 August :- European and Asian markets selling from the storm in the Indian market and the end of Friday's session ended with a sharp fall in the domestic market.  4 per cent in BSE IT and CG class was weak. Technology segment declined by three per cent. Also, bank, FMCG, Power, CD of the class showing selling pressure on stocks. Realty stocks, however, there was definitely some shopping.  Infosys, L & T, ICICI Bank, ITC, TCS, Tata Motors, Reliance Industries, BHEL, Bharti Airtel, SBI, Sterlite Industries, Sun Pharma, Jindal was a decline in steel stocks. Nifty lost 98 points to close at 4845. 

Market Afternoon at 1:30 pm 

The fear of global recession, stock markets around the world is disturbing.Markets are clearly nervous. Europe and Asia markets fall heavily. Indian markets are not neutralize this fall.  Nifty, Infosys, Tata Motors, Larsen & Toubro, Hindalco, Sterlite Industries shares fall 6.54 percent from 4.94.  BSE group, 5.55 per cent in the IT category, CG and technology category 4.23 per cent, 3.15 per cent and bank CDs class class is weakened 2.45 per cent. Nifty lost 116 points, is trading at 4827. 

Market At 11:20 am 

Fear of global recession on the Indian market is still capped. Given the weak economic situation in America and Europe, sold in Asian markets, there have been storms. Indian markets are not left it.  By most of the IT and tech stocks have been beaten.  Infosys, L & T, Reliance Industries, TCS, ICICI Bank, HDFC Bank, BHEL is battered by the decline in stocks.  However, ONGC, SBI, Coal India's growth stocks. 

Market opening 

Weak global cues, Indian markets open on Friday with weakness. IT, tech stocks is the selling pressure.  Nifty, Infosys, HCL Tech, TCS, Wipro 4.04 per cent to 7.36 are vulnerable.  5.10 per cent in BSE IT class, the technology class has weakened 3.81 percent.  Sensex down 277 points at 9:15 am at 16 191, lost 80 points while the Nifty was trading at 4863.  Asian markets are showing signs of weak today. Meanwhile, U.S. markets on Thursday showed the effect of economic concerns. Dow Jones 3.7 per cent, 4.5 per cent and the Nasdaq Composite S & P 500 dipped 5.2 percent.


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Intraday Tips Updated at: 9:06 AM
 
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