Nifty ends lower; Cipla, RCom, M&M, NTPC, TCS down

	Dated:18 July,2011

Top Headlines Nifty ends lower; Cipla, RCom, M&M, NTPC, TCS down Indian markets ended a lackluster session in the negative terrain as concerns of economic crisis in Europe and the US hurt sentiments. Sensex to trade between 17-20k levels: Uday Kotak Market will fluctuate in a 15% range but it can also come down, says Uday Kotak of Kotak Mahindra Bank. India is a stock-picker's paradise: SBI Mutual Fund Looking at global & domestic macro environment a major move in share indices is unlikely in near-term, says Navneet Munot,CIO, SBI MF. Market Round-up SENSEX 18507.04 -54.88 NIFTY 5567.05 -14.05 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Sakuma Exports Ltd. 17.90 + 20.13 Rushil Decor Ltd. 163.90 + 20.03 G M Breweries Ltd. 127.15 + 20.01 Global Offshore Services 127.85 + 19.49 Indowind Energy Ltd. 35.35 + 15.33 NSE Losers Scrip Price(Rs.) %Change Automotive Stampings and 68.85 -7.34 Arrow Textiles Ltd. 10.65 -6.99 Karma Energy Ltd.[Amalgam 14.25 -5.63 Blue Coast Hotels Ltd. 178.10 -4.99 Vimta Labs Ltd. 29.60 -4.98 Views on Stocks/Markets Markets still in correction phase: Deepak Mohoni Buy TCS on declines: Ashwani Gujral On the long side, SBI is the buying opportunity: Sudarshan Sukhani IPO/Global Markets Asia stocks down on US impasse European debt fears hit markets L&T Finance's IPO to open July 26 Rupee / Gold Rupee down on euro's slide Gold seen hitting another peak Gold rules steady at Rs 23,270 More 'Market' News Bet on cos with stable track record to make money Navigating choppy markets at a time when benchmark indices are just about 10-15% off their all-time peaks and when the economy faces headwinds. Markets headed for a good seasonal period: ICICI Prudential AMC We are headed for a good seasonal period with valuations being interesting, says S Naren of ICICI Prudential AMC. Is your investment strategy in line with mkt conditions? For an investor, change is a constant factor, and hence, what was good in the year 2000 need not be good a decade later.