Intraday Tips Stock Market Update
Speed of the fast growing Asian Markets to see the
effect of the Indian Stock Market is clear. IT, technology and
oil and gas stocks declined in the selling pressure in the
market. But consumer durables, realty and auto stocks have been
shopping at the market's downward pressure. Infosys in the
business market in the meantime there is the weakness of 3 per
cent. HDFC, ONGC, TCS and Sterlite Industries shares recorded in
the 2-2.5 per cent. Reliance Industries has broken the 2 per
cent. Hindalco, BHEL, Wipro, NTPC, Tata Power, ICICI Bank, ITC,
Coal India, HDFC Bank, Tata Motors, Sun Pharma, Cipla and HUL have
seen weakness in the 0.5 to 1.9 per cent. However, 3.5 per cent
recorded in Motokorp hero. In addition, Jindal Steel, M & M,
Bajaj Auto, Tata Steel, L & T, SBI and Jaiprakash Associates have
also seen shopping. The BSE 30-share Sensex down 200 points, is
trading at 16 621. The 50-share benchmark index of the NSE Nifty
is trading at 58 points away in 4981.
Intraday Stock Tips
Market at 10:30 pm
Market is not slowing down. All except the selling pressure on stocks of consumer durables. Sensex down 213 points 16 608 and the Nifty down 62 points at the level of 4977. Veteran shares - with the midcap and smallcap stocks are selling. The highest decline is seen in IT stocks. Around 3 per cent, Infosys, TCS 2 per cent, 1 per cent of Wipro's weak. Hero Motokorp, Tata Steel, Jindal Steel and Bajaj Auto among the Sensex stocks are weak. Reliance Industries 2.5 per cent, 2.3 per cent of HDFC, BHEL 2 per cent, 2 per cent of Hindalco, Sterlite Industries are down 2 percent.
Nifty Intraday Tips
Market opening
Indian stock markets open on Monday with weakness. BSE Group IT, realty groups are weakened 1.56 percent to 1.30. Medium, there is little 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 52 points, was trading at 4987. Asian markets are showing signs of weak today.
