Nifty ends lower; Tata Motors, SBI, Sun Pharma down

	Dated:13 September,2011

Market Round-up SENSEX 16467.44 -34.30 NIFTY 4940.95 -5.85 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Kamat Hotels (India) Ltd. 95.55 + 14.77 Remsons Industries Ltd. 25.40 + 14.41 Krishna Engineering Works 4.05 + 14.08 Tata Metaliks Ltd. 84.70 + 13.08 Ashco Niulab Industries L 2.25 + 12.50 NSE Losers Scrip Price(Rs.) %Change Pudumjee Industries Ltd. 16.90 -10.11 Oriental Trimex Ltd. 7.75 -9.36 Vardhman Holdings Ltd. 361.20 -9.22 Euro Multivision Ltd. 7.25 -8.23 Nagreeka Capital & Infras 25.10 -7.89 Top Headlines Nifty ends lower; Tata Motors, SBI, Sun Pharma down Indian markets extended losing streak for third consecutive session as concerns of weak global economic condition dampened sentiments. Mkts may fall to 12K level if global scenario worsens: Kotak Equities If there is a Lehman like moment, then market can easily go close to 12K to 13K, says Sandeep Bhatia, Executive Director, Kotak Equities TCS signs agreement with Felda Prodata for Malaysian market; stock up TCS and Felda Prodata Systems have signed an agreement to jointly develop & deliver strategic IT services & solutions in Malaysian market. Views on Stocks/Markets Buy HUL on dips: CK Narayan Wait and watch for TTK Prestige: Mitesh Thacker Avoid Tata Motors: Ashwani Gujral IPO/Global Markets European shares hit new low Australia shares end higher by 0.9% Tokyo stocks close up 0.95% Rupee / Gold Re falls to over 15-mth low Gold down by Rs 50 Gold futures recover More 'Market' News Infrastructure stocks rally as govt relaxes norms for FIIs Shares of infra companies surged higher as sentiments turned bullish in the sector after the FM relaxed norms for the FIIs investing in long-term corporate bonds. State Bank of India, Tata Motors at 52-week low Sensex pared most of intra day gains & turned negative after rising over 200 pts as traders squared off positions near resistance levels Sensex set to touch 22,000-mark by December: JP Morgan Sensex is set to touch 22,000-mark by December from the present 16,400 levels, despite a decline in the overall business confidence.