Nifty ends near 4950

	Dated:12 September,2011

Market Round-up SENSEX 16501.74 -365.23 NIFTY 4946.80 -112.65 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change J D Orgochem Ltd. 5.10 + 30.77 Bhansali Engineering Poly 26.65 + 15.37 Goldstone Technologies Lt 8.05 + 15.00 Remsons Industries Ltd. 25.40 + 14.41 Pipavav Defence & Offshor 91.15 + 11.57 NSE Losers Scrip Price(Rs.) %Change Tata Motors Ltd. 146.35 -80.87 Ashco Niulab Industries L 2.00 -13.04 Ankur Drugs & Pharma Ltd. 32.70 -10.41 Nicco Corporation Ltd. 2.65 -10.17 Tokyo Plast International 15.55 -9.86 Top Headlines Nifty ends near 4950; HCL, RPower, Axis Bankk down The Nifty index pared some of the intra day losses and ended near important support levels as investors bought stocks available at lower levels. Global economy under pressure, but Indian IT growth positive: HCL Tech Financial services from Europe will be a growth sector for HCL rather than a de-growth sector, says Vineet Nayar of HCL Tech. Sensex off lows; Jindal Steel, ICICI, Wipro down Metals, technology and rate sensitive sectors continued to remain under pressure while FMCG space was marginally up. Views on Stocks/Markets Wait and watch for Ashok Leyland: Mitesh Thacker Go long on Jain Irrigation: CK Narayan Wait and watch for Maruti: Ashwani Gujral IPO/Global Markets World shares tumble Italian, Greek CDS hit new highs MCX IPO gets SEBI nod Rupee / Gold Rupee at 14-mth low Gold down on less demand Gold extends losses More 'Market' News Tata Motors down nearly 6 pc on bourses Shares of Tata Motors today fell by nearly 6 per cent in morning trade after its Group CEO and MD Carl-Peter Forster quit. Pipavav Defence rises 10% on plan to build submarines Shares of Pipavav Defence surged a little over 10% on Monday, after the company announced its plans to build submarines and warships.