Thursday, February 23, 2012

share Market news and Nifty trend for today

Nifty trend for 23 feb, share market tips, intraday stock market tips for today, market news, most active stocks, kingfisher news, best stock for trading, intraday trading tips for today
Nifty trend is consolidate it trading at 5497.55, Consistent inflow of foreign money has been supporting the market whereas on other side, concerns like rising oil prices.
TCS, Infosys, ITC, HDFC, Wipro and Tata Motors were supporting the market.
Sterlite, Tata Steel, Hindalco, Jindal Steel, Sesa Goa, Coal India, L&T, BHEL, Maruti, M&M and ICICI Bank were under pressure.

SBI not give any fresh loan to Kingfisher.
Kingfisher Airlines fell over 1% as I-T department continued to freeze company's accounts. Also, SBI said it has not given any fresh loans to Kingfisher. because ended December 31, 2011 quarter Kingfisher net loss widened to Rs 444.26 crore, due to high fuel costs and weaker rupee from Rs 253.69 crore in the October-December quarter in the last fiscal.

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