The Sensex snapped six day of gains, amid weakness in their Asian and European peers, as investors booked profits at higher levels. On the flip side, metal and mining shares bucked the trend and shone across the board after the Cabinet today cleared an amendment in the new mining law. The Sensex shed 171 points to end at 24,623 and the Nifty lost 46 points to end at 7,486. Oil explorers closed mixed after the government today announced a new Hydrocarbon Exploration & Licensing Policy in an effort to boost production and also streamline several hurdles faced by oil exploration companies. European stocks edged lower as participants wait to find out whether the ECB will add more stimulus for the euro zone economy.
Stock Tips Tomorrow: 11 March
Buy Ind-Swift Laboratories above 52.50, Targets are 53, 53.50 and 54, Stop loss at 51.50
Buy Smartlink Network Systems above 100, Target at 101, 102 and 103, put stop loss at 98.