Sensex , Nifty hit fresh record : Consumer Durables, auto stock lead | Intraday nifty calls for today

Indian stock market continues its rally.Market opened with impressively. Sensex - Nifty have seen with  0.5 percent growth.Today also they touched a new record level. Sensex has toched the upper level of 27181.7 and Nifty touched the upper level is the new record of 8127.75. Midcap and Smallcap stocks are also showing great energy. Besides, IT, technology, realty and consumer durables stocks have buying trend. However, FMCG and banking stocks are under pressure.

The 30-share BSE Sensex index is currently gain 0.6 per cent or 153.5 points and trading at the level of 27,173. The NSE 50-share Nifty index gained 41 points, ie 0.5 per cent is trading at 8124 levels.

Heavyweight stocks Bharti Airtel, TCS, Wipro, Infosys and Sesa Sterlite gained 4.3 to 1.8 per cent. However, GAIL, ITC, Hero Moto, United Spirits, ICICI Bank and Bajaj Auto fell by 1.5 to 0.6 per cent.

In midcap space Carborundum , Alembic Pharma, Phoenix Mills, Bhushan Steel and Edelweiss rose 10.7 to 4.9 per cent.In smallcap Kirloskar Investment , Gammon India, Prakash Industries, Kirloskar Brothers and Hitachi Home rose highest from 20 to 7.5 per cent.

Intraday stock nifty tips for 3 Sept 2014

• ICICI Bank Ltd is a 'SELL' call with a target of Rs 1500 and a stop loss of Rs 1650
• M&M Ltd is a 'BUY' call with a target of Rs 1450 and a stop loss of Rs 1330

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