NIFTY UPDATES ~ Intraday Share Tips For Monday 25 March 2013

ECONOMY ANALYSIS:

• Govt approves 12 FDI proposals of over Rs 2,609 cr
• RBI to cut rates in June by 25bps: BofA
• Harried by SEBI, Sahara's Subrata Roy stands defiant
• Govt had no role in CBI action against Stalin: PM
• UB Holdings hits new 52-week low, locks at 5% lower circuit

MARKET ANALYSIS:

• The S&P BSE Sensex extended losses for sixth straight session and hit a fresh low of 2013 on the back of weak cues from European peers on Friday. The 50-share Nifty index closed a point above its crucial support level of 5650. 
• The 50-share index ended at 5,651.35, down 7.40 points or 0.13 per cent. It touched a high of 5,691.45 and a low of 5,631.80 in trade today. 
• For the week, the Nifty Index slipped 3.9 per cent, while Sensex closed 3.6 per cent lower. 
• The BSE Midcap Index was down 0.23 per cent and the BSE Smallcap Index dropped 0.91 per cent. 
• Among the sectoral indices, the BSE Consumer Durable index dropped 2.4 per cent, followed by the BSE Realty Index which moved 0.98 per cent lower. The BSE Oil & Gas Index was down 0.5 per cent, the BSE IT Index dropped 0.89 per cent and the BSE Oil & Gas Index closed 0.5 per cent lower.