ONGC, Bharti Airtel, Dr Reddy's Labs, Lupin and Wipro are top gainers while edanta, Bajaj Auto, BHEL, TCSare among laggards in the Sensex.

Intraday Stock Cash Tips

SELL TATA ELEXI(LCP-1864.95) BELOW 1860 TG-1850-1837

SELL CEAT (LCP 1100.7) BELOW 1097 TG-1090-1081

SELL AJANTA PAHRMA (LCP-1429.1) BELOW 1425TG-1415-1405

SELL SRF (LCP-1199.35) BELOW 1195TG-1187-1180

Sensex skids over 100 pts, Nifty weak; Vedanta, BHEL down
The market has seen sharp slide in early trade. The Sensex is down 130.74 points or 0.5 percent at 26261.64, and the Nifty slips 36.10 points or 0.4 percent at 7965.85. About 319 shares have advanced, 426 shares declined, and 40 shares are unchanged.

ONGC, Bharti Airtel, Dr Reddy's Labs, Lupin and Wipro while Vedanta, Bajaj Auto, BHEL, TCS and Tata Steel are among laggards in the Sensex.

The Indian rupee has opened lower by 11 paise at 66.25 per dollar against Friday's close of 66.14 a dollar.

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Capital Height’s Stock recommendation for 01/09/2015 is CIPLA.

In today’s trading session it was up by 3.38%. Its long term trend is consolidate. On daily chart MACD & RSI has given buying confirmation. On daily chart its short term support level is 659. All the indicators are suggesting that one can go for long position in this stock above 685 levels. The stock may test level of 695 - 709 in coming days.

Our recommendation on Cipla is long above 685 levels for target of 691-697.

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