Stock Tips

Sensex slips in early trade; Hindalco melts ahead of Q3 nos

Golden Investment Research Private Limitied

Goldennifty analyzing team said:   The Sensex started off today's intraday trading tips with mildly negative bias following a weak Asian markets. The Sensex fell 58 points to 17,649.14 and the NSE Nifty declined 19 points to 5,349.40. 

ONGC, Sterlite, Sesa Goa, Axis Bank, SBI, Infosys, Reliance Power, Bharti and JP Associates were under pressure in early trade.

Hindalco was down nearly 4% ahead of third quarter numbers today. ACC slipped 0.5% ahead of quarterly numbers.

ICICI Bank, Power Grid, Bajaj Auto and Ranbaxy Labs were other gainers.
The CNX Midcap fell just 13 points to 7,422. The share market tips breadth was neutral.

In the second line shares, shot up 10% to Rs 60 a share tips. There were reports that the parent company is in discussion to sell India unit. 

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