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Intraday trading tips 12 may

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1 Intraday trading tips 12 may on Tue May 12, 2015 1:42 am

Indian Stock Market Update | Stock Market Live | Sensex , Nifty fall
The S&P BSE Sensex down about 500 points on Tuesday, tracking failing in other Asian markets.
The 50-share Nifty negative over 160 points todays trade below assume level 8200
Sensex 27,044.63, down 462.67 points Nifty 8,174.20, decline 151.05 points
Both key indices trading below 200-DMA . Nifty assume fall back to 8000 exists
Sensex major gainers Hero MotoCorp , Dr Reddy's , Coal India , HUL and Wipro .
Sensex major losers Sesa Sterlite , Tata Motors , ICICI Bank , HDFC Bank and RIL were the.

Shares of JustDial advance over 2 percent intraday. Credit Suisse has upgrad it to outperform but slashed target to Rs 1,400 from Rs 1,625


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Vedanta, Tata Steel, BHEL, ICICI Bank and Reliance are major losers in the Sensex. Among the gainers are Hero, Dr Reddy's and Coal India.  
Despite the significant fall posted in NPAs, the issue of bad loans is not yet over.
Not withstanding (the positive surprise on NPA levels) there is considerable pain still left in the economy. Most of our major clients are still not out of the woods. They have serious liquidity issues.” Increasingly restructured assets are slipping into NPAs and he expects this trend to continue until the economy starts picking pace significantly. Citing the issue of dumping in the steel industry, issues in the coal mine auctions, etc. There’s a dire need to resolve these major woes for the economy to revive.

Thanks for Providing Intraday Tips on current scenario.

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