Banking
and auto stocks led a strong intraday rebound for key benchmark indices. The
barometer index, the S&P BSE Sensex, rose 9.16 points or 0.04% at
25,728.74, as per the provisional closing data. The 50-unit CNX Nifty lost
30.50 points or 0.39% at 7,788.10, as per the provisional closing data.
Overseas stock markets continued to drive sentiment on the domestic bourses.
Intraday rebound on the domestic bourses accentuated towards the fag end of the
trading session as European stocks recovered and as trading in US index futures
indicated a recovery for US stocks from previous trading session's sharp slide.
Earlier during the trading session, the Sensex lost 432.08 points at the day's
low of 25,287.50 in early trade. The Nifty lost 140.10 points at the day's low
of 7,678.50 in early trade.
STOCKS TO WATCH
TATASTEEL:
Sell TATASTEEL below 235 stock may show 210/200
LEVELS.
VEDANTA:
Keep selling but only on rise 60/50 levels
are waiting………
HDFC:
Sell HDFCL below 1170 for the target of 1110/1080
in coming days, keep sell on rise.
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