Intraday Tips Stock Market Updates 6 Sep 11

06 September 2011 10:18 AM

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Intraday Tips

Stock Market Updates :- Sharp decline in stock markets around the world since the beginning of the Indian markets has been accompanied by weakness. IT, Technology, Mater and power stocks witnessed selling pressure in stocks is. But consumer durables and healthcare stocks have seen the light shopping.  In early trading the BSE 30-share Sensex down 47 points, is trading at 16 666.The 50-share benchmark index of the NSE Nifty is trading at 20 points away in 4997.  In the business market, the Wipro, TCS and Infosys IT giants such as 1 to 1.6 per cent in stocks has declined. DLF, Tata Steel, Hindalco, ICICI Bank, BHEL, HDFC Bank, Bharti Airtel, Coal India, Reliance Industries, SBI, and Sun Pharma are seeing weakness in the 0.5-1 per cent.  However, Maruti, Bajaj Auto, Tata Motors and Hero Motokorp auto giants such as 0.5 to 2.8 per cent in stocks recorded strong. Besides, ONGC, Tata Power, L & T, Cipla and NTPC is seen shopping.  4-5 per cent growth in the European markets on the Asian markets have had an impact. 0.5 to 1.25 percent in early trade indices in the Asian market is seeing weakness.