1. India-Global Market Summary 13.01.2014
• Markets surged on Monday to end nearly 2% higher recording
their highest single-day gain since November 25, 2013 led by
IT majors and hopes that the Reserve Bank of India would
maintain status quo on key policy rates for the second straight
month.
• The 30-share Sensex ended up 285 points at 21,044 and the
50-share Nifty ended up 75 points at 6,247.
• Except healthcare, power, realty and consumer durables,
other major sectoral were trading in the green.
• Infosys, TCS, ONGC, RIL and ICICI Bank were the top five
Sensex gainers, while the top five losers were Tata Power,
Maruti, Sun Pharma, Hindalco and HUL.
• Market breadth was marginally negative with 1,396 losers and
1,335 gainers on the BSE.

2. • Tata Steel rose 0.07% to Rs 384.65 on BSE after the company
said its steel sales rose 9.4% to 2.06 million tonnes in Q3
December 2013 over Q3 December 2012.
• Exide Industries lost 3.75% to Rs 107.85 on BSE after net profit
declined 25.52% to Rs 77.52 crore on 11.28% fall in total
income to Rs 1308.85 crore in Q3 December 2013 over Q3
December 2012.
• Ranbaxy Laboratories slumped 8.15% to Rs 425.50 on BSE
after the company said it has received the form 483 with
certain observations as a result of the recent US FDA
inspection at its plant at Toansa, Punjab, India.
• Pennar Industries jumped 8.66% to Rs 23.85 on BSE after the
company said its subsidiaries have secured orders aggregating
Rs 70 crore.

3. • NMDC today said that its iron ore production for the nine
months ended December 2013 stood at 20.17 million tonne, as
against 17.57 million tonne in the corresponding period of the
previous year, registering a growth of 2.60%.
• FIPB today cleared Rs 6,400 crore FDI proposal of
GlaxoSmithKline to acquire additional 24.33 per cent stake in its
India arm.
• Cairn India plans to invest Rs 3,000 crore over the next three
years to improve recovery from its prolific Rajasthan oilfield.
• The government has officially notified the new gas pricing policy
that would be applicable to all the domestically produced gas
from April 2014 which will be effective for five years.
• Tata Motors is trading higher by 2% after its British subsidiary
Jaguar-Land Rover has reported a strong 21% yoy growth in
retail sales at 40,635 units for the month of December 2013

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