Market Updates 30 Nov 2011 :- Sustainability
concerns over the global economy, the Indian markets have started
with the weakness of nearly 1 per cent. Sensex down 139 points
on 15 869 and and the Nifty fell 39 points are open at 4766. However
the market decline has reduced slightly.
Consumer
durables, metal, Bank, Oil & Gas, Capital Goods, IT, realty,
technology, power stocks have declined by 1 to 0.5 per
cent. Healthcare, Auto shares have fallen from 0.5 per
cent. Slight weakness in the FMCG stocks.
ICICI
Bank, Jindal Steel, BHEL, Sterlite Industries, Tata Steel, Tata
Motors, Tata Power, Larsen & Toubro, Hindalco has slipped from
1.75 to 1 per cent. ITC, DLF, SBI, NTPC, Infosys, JP Associates
have fallen 0.5 per cent. Ranbaxy
is pressure of profit and the stock fell 2 percent. Hindustan
Unilever rose 0.5 per cent and Sun Pharma rose 1 per cent. Maruti
Suzuki, Wipro, ONGC are also green.
Debt crisis among European
countries to get agreement on some issues, the European market
climbed from 1 to 0.5 per cent. Is believed that after rising
bond yields of Italy European countries also can seek relief from the
IMF.
Stock
Intraday Tips 30 November 2011
HUL
Buy For 1 To 3 Days Target - 390.9 - 399.4, Stoploss - 381.
Essar
Oil Sell For 1 To 3 Dyas Target - 67.3 - 63.3, Stoploss - 72.3.
Sesa
Goa Buy For 2 To 3 Days Target - 190, Stoploss - 175.
