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Due to the growing concern about America's Fiscal Cliff global stock markets decline Domestic markets are not immune to this decline were also broken and 1 per cent.
However, at the end of the business has been the weakness of the recovery in the market by nearly 0.7 per cent. 18471 Sensex down 147 points and Nifty closed at 5631 down 36 points. Recovery shown by most small and midcap stocks. BSE Smallcap gained 0.3 percent. Nifty Midcap closed flat.
Despite reaching levels close to 55 bucks it broke about 2 per cent share. Metal, FMCG, Auto, Healthcare fell 1.7 to 0.8 percent. Oil & gas, PSUs, tech stocks dropped 0.6 per cent was Banks and capital goods stocks declined marginally
Realty shares rose 2 per cent. Consumer durables stocks firmed up 1.5 per cent Power stocks are in strong light.
Intraday Tips For Tomorrow:
- BUY ITC Ltd. for Intraday Target of 278 with a Stop Loss of 275
- SELL Tata Motors Ltd. with an Intraday Target of 264 and a Stop Loss of 288
- BUY Development Credit Bank Ltd. Intraday Target of 52.8 and Stop Loss at 41.5
- BUY Ashok Leyland Ltd. with a Stop Loss at 10 and an Intraday Target of 30
- BUY Electrosteel Castings Ltd. For Med Term Target of 45 with Stop Loss of 23
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