Wednesday 2 May 2012

Stock Tips 3-May-2012


BSE SENSEX and NIFTY ended with weak notes at 5239 after holding the level of 5250, ahead of rupee played a spoilsport closed at 52.88 against the DOLLAR as RBI is suspected to push it up taking up to intraday high of 53.02. The fall was led by Auto sector as TATA MOTORS fell by 3.65 percent after poor Quarterly numbers presented. MARUTI SUZUKI INDIA also supported the fall losing 3.2 percent on the session along with BAJAJ AUTO, GRASIM INDUSTRIES, and TATA POWER while downtrend was capped by IT counters on strong U.S. manufacturing data with DLF, BHARTIARTL, CIPLA PNB and SAIL ended in green.

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