Today Intraday Stock Tips Intraday Market Updates by Money CapitalHeight

Today The Intraday market extended weakness on Friday with the Sensex opening more than 100 points lower due to weak global markets, but it immediately managed to trim early losses. The Sensex fell 44.62 points to 20,843.71, and the Nifty lost 15.75 points to 6,205.40. About 327 shares have advanced, 416 shares declined, and 574 shares are unchanged.

Tata Motors fell the most after December auto sales numbers, falling nearly 2 percent. Index heavyweights Reliance Industries and ITC too are under pressure. Banks continued to see selling pressure with the ICICI Bank, HDFC Bank, SBI and Axis Bank falling marginally. Meanwhile, Indian rupee opened marginally lower at 62.35 against the US dollar on Friday versus previous day's closing value of 62.26 per dollar.

Capital goods and auto stocks are under heavy selling pressure. Tata Motors, Tata Power, M&M, BHEL and Axis Bank are top losers. Only IT, midcap and small cap stocks are holding firm. TCS and Infosys are major gainers in the Sensex.

Indian Intraday markets got hammered down in the last few hours of trading on Thursday. China shares fell in the New Year’s first trading session, after official and private manufacturing surveys both showed weaker Chinese factory activity in the last quarter of 2013. Nifty down by 80 points, closed at 6221. Sensex down by 252 points, closed at 20888.

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