NIFTY UPDATES TODAY ~ Intraday Stock Tips 10 April 2013

ECONOMY ANALYSIS:

• TCS buys Alti for Euro 75m; sees deal closure by Q1-end
• Sun TV expects Q4 ad revenue growth below 20%: CFO 
• Hearing on Sterlite copper smelter deferred until Friday 
• Cairn India strikes oil in Rajasthan, stock up 2.6%
• Hexaware hopes to get 19-20% EBITDA by 2013-end
• Factory output seen at 0.7% in February: Poll

MARKET ANALYSIS:

• The S&P BSE Sensex reversed intraday gains in the afternoon and plunged over 200 points as foreign institutional investors booked profits for fifth consecutive day on Tuesday. 
• The S&P BSE Sensex closed at 18,218.80, down 218.98 points or 1.19 per cent. It touched a high of 18,565.56 and a low of 18,206.61 in trade today. 
• The Nifty closed at 5,490.80, down 52.15 points or 0.94 per cent. It touched a high of 5,603.05 and a low of 5,487 in trade today. 
• Among the sectoral indices, the S&P BSE IT Index fell 1.98 per cent, the S&P BSE Oil & Gas Index was down 1.72 per cent, the S&P BSE Realty Index was 1.39 per cent lower and the S&P BSE Power Index slipped 1.31 per cent. The S&P BSE Auto Index was up 0.33 per cent. 
• WiproBSE -12.19 % (12.19 per cent), ONGCBSE -2.91 % (2.91 per cent), Tata PowerBSE -1.97 % (2.44 per cent), InfosysBSE -2.36 % (2.36 per cent) and SBIBSE -2.30 % (2.30 per cent) were among the top Sensex losers.