04:59
SHARE MARKET REVIEW
Nifty Updates On : 17-July-2012
Nifty Technical Levels :18-July- 2012
Stocks to buy : 18-July- 2012
BSE SENSEX and NIFTY traded negative for the fifth consecutive session on TUESDAY and ended almost flat as investors booked profits. Markets started the session with gap up opening of more than 100 points over the positive European cues but could not hold and slipped later led by the TATA group shares. Index heavy weight Reliance Industries also slipped after company reported continuous fall in gas output at its KG-D6 basin and may stop by 2015if fresh capex is not announced. However Tata Group shares topped the selling list as TCS tanked 2 percent, Tata Motors 1.5 percent and Tata Steel 0.7 percent well supported by two wheeler major Bajaj-Auto, 2.45 percent down on the session. Downside was well weighted by Capital goods, Steels, Auto and Oil & Gas stocks while Drreddy, Sunpharma and FMCG major ITC capped the falls.
