The Indian markets ended lower despite the UPA winning a key vote on allowing FDI in retail. The Nifty closed just above the 5900 level. Maruti Suzuki touched a 52-week high on news of a planned price hike. Hexaware Technologies fell sharply after cutting its quarterly guidance. Most sectors declined with real estate, IT and metals among the biggest losers.

1. Markets end in red despite UPA winning FDI battle in Rajya Sabha; Nifty
manages to stay above 5900
Market Summary
07-Dec-2012
Following a positive start, markets traded in tight range before a part of their gains were trimmed ahead of the vote on
Foreign Direct Investment (FDI) in multi-brand retail in Rajya Sabha. The benchmarks dipped in dull trade in the late
afternoon session despite of the fact that the UPA won Rajya Sabha's vote on FDI in retail. Markets closed in negative
territory with Nifty down by 0.40%.
Maruti Suzuki touched fresh 52 week high today at Rs. 1537 and closed 1.94% up on BSE on the reports of the price
hike in January. The stock was the top gainer on both Sensex and Nifty.
Hexaware Technologies plunged 9.30% down on BSE as the company had cut its Q4 guidance.
Spice Jet had hit its 52 week high at Rs 50.90 and closed 0.61% up on BSE on plans of introducing Delhi-Riyadh,
Guangzhou air services from next year. (News)
T h e market breadth on the BSE closed in negative. Advancing and declining stocks were 1441 and 1484
respectively, while 125 scrips remained unmoved.
The BSE Sensex ended at 19424.10, down 62.70 points or 0.32%. The 30 share index touched a high and a low of
19561.87 and 19363.13 respectively. 11 stocks advanced against 19 declining ones on the benchmark index.
The S&P CNX Nifty lost 23.50 points or 0.40% to settle at 5907.40. The index touched high and low of 5949.85 and
5888.65 respectively. 17 stocks advanced against 33 declining ones on the index.
Sensex Nifty
The BSE Mid-cap index moved down to 7070.37 and lost 0.08% while Small-cap index hammered down by 0.10% to
7445.98.
The broader BSE 500 index decreased to 7551.62 (down 0.35%) and S&P CNX 500 index declined to 4724.25 (down
0.34%).
The volatility as denoted by INDIA VIX lost 1.84% at 14.96 from its previous close of 15.24 on Thursday.
Sectors in action
On the BSE Sectorial front, Consumer Durables (up 0.53%) and Automobile (up 0.51%) were the top gainers.
Real Estate (down 1.68%), Information Technology (down 0.98%) and Metals (down 0.77%) were the top losers.
The Angels and the Devils
Maruti Suzuki India Ltd (up 1.94%), Tata Power Company Ltd (up 0.87%), Bharat Heavy Electricals Ltd (up 0.77%),
Mahindra and Mahindra Ltd (up 0.74%) and Hindalco Industries Ltd (up 0.69%) were the top gainers on the Sensex.
Sterlite Industries (India) Ltd (down 2.25%), Tata Steel Ltd (down 1.19%), Tata Consultancy Services Ltd (down
1.13%), Reliance Industries Ltd (down 0.89%) and Sun Pharmaceutical Industries Ltd (down 0.85%) were the top
losers on the Sensex.
Benchmark Drivers
Reliance Industries Ltd (-15.81 points), Housing Development Finance Corporation Ltd (-11.22 points), Infosys Ltd (-
10.92 points), Tata Consultancy Services Ltd (-10.10 points) and ICICI Bank (-5.76 points) were the major Sensex
drivers today.
On the other end Reliance Industries Ltd (-4.98 points), Axis Bank (-2.94 points), Tata Consultancy Services Ltd (-2.92
points), Housing Development Finance Corporation Ltd (-2.81 points) and Infosys Ltd (-2.51 points) were the major
Nifty movers today.
Pivot, Supports and Resistance Levels

2. Pivot, Supports and Resistance Levels
S&P CNX Nifty is now pivoted at 5915 for next session. The next support is at 5881 and on upside it has a resistance
at 5942 levels.
S&P CNX Nifty
Eff. Date S3 S2 S1 PIVOT R1 R2 R3 Actual Close
10-Dec-2012 5820 5854 5881 5915 5942 5976 6003 -
07-Dec-2012 5762 5800 5866 5904 5969 6008 6073 5907.40
06-Dec-2012 5862 5877 5889 5903 5915 5930 5942 5930.90
Sensex has a pivot at 19450 with first level of support and resistance at 19338 and 19536 respectively.
Sensex
Eff. Date S3 S2 S1 PIVOT R1 R2 R3 Actual Close
10-Dec-2012 19139 19251 19338 19450 19536 19648 19735 -
07-Dec-2012 18937 19062 19274 19399 19611 19736 19948 19424.10
06-Dec-2012 19262 19316 19354 19409 19446 19501 19539 19486.80
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