Nifty ends below 4850

	Dated:19 August,2011

Market Round-up SENSEX 16141.67 -328.12 NIFTY 4845.65 -98.50 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Entegra Ltd. 22.45 + 15.42 Emco Ltd. 43.10 + 12.68 Autolite (India) Ltd. 19.85 + 11.52 Graphite India Ltd. 76.30 + 10.58 MIC Electronics Ltd. 12.80 + 9.40 NSE Losers Scrip Price(Rs.) %Change Inventure Growth & Securi 165.30 -19.99 Gangotri Textile Ltd. 4.15 -18.63 Nuchem Ltd. 2.55 -15.00 Infinite Computer Solutio 67.95 -14.90 ARSS Infrastructure Proje 310.15 -13.90

Top Headlines Nifty ends below 4850; Tata Motors, Infosys down Sell-off in the Indian markets continued for second straight session & benchmarks closed near crucial support levels. Gold posts biggest single-day gain to cross Rs 28k Trading sentiment was bolstered by gold's ascent in overseas markets as concerns over sovereign debt spurred investors to seek safety of bullion. European bank stocks swoon to 29-month low The sector index , stuck in six-month downward trend in which it has plummeted more than 40 per cent, broke below last week's low. Views on Stocks/Markets India going to be a stock-specific market: UBS Securities Conditions remain challenging: Edelweiss Securities Market may correct upto 10%: Fortune Financial IPO/Global Markets World stocks plunge Britain's FTSE drops Asian markets fall Rupee / Gold Gold hits record high above $1,860 Record high price mutes gold demand Gold futures surge to Rs 27,725 More 'Market' News Credit Suisse cuts SBI target price, earnings per share Credit Suisse has cut its target price of State Bank of India to Rs 2,180 from Rs 2,483.07, but has maintained its 'neutral' rating. Goldman Sachs cuts Tata Motors target by 28 per cent Goldman Sachs has cut its target price of Tata Motors to Rs 774 from Rs 1,073 citing lower revenue growth outlook and global uncertainties. Scooters India hits upper circuit on stake sale Shares of Scooters India Ltd hit their upper circuit of 10% at Rs 34.95 after finance minister Pranab Mukherjee informed Parliament.