Sensex scores a hat-trick of tons; Nifty ends above 5850

1. Sensex scores a hat-trick of tons; Nifty ends above 5850
Market Summary
07-Mar-2013
Continuing with green patch, Indian equity benchmarks ended on buoyant note for third straight session. Sensex
scored a hat-trick of tons by closing above 19400. Nifty closed above 5850. Realty (up 1.86%) & IT (up 1.43%) topped
the charts among NSE indices.
IT bellwethers, Infosys (up 1.29%) touched fresh 52 week high at Rs 3010 and Tata Consultancy Services (up 2.10%)
touched all time high at Rs 1598 on BSE.
Wipro also jumped 1.82% on BSE and touched fresh one year high at Rs 452.55 after the company entered into a
global reseller arrangement with Infoblox Inc. (News)
FMCG major, ITC Ltd will be entering in dairy market in next 14 months. The stock closed 1.46% up on BSE. (News)
Elder Pharmaceuticals Ltd gained 4.64% on BSE after the company agreed to establish a Joint Venture Company with
KOSE Corporation (KOSE) with the provisional name of KOSE Elder (India). (News)
DLF will issue fresh equity shares to dilute the promoter holding in the company via Institutional Placement Program
(IPP) to meet SEBI norms of 25% minimum public shareholding. The stock closed 3.64% up on BSE. (News)
Mahindra & Mahindra Ltd (up 0.76%) will sell 4.02% stake in Mahindra Holidays (down 0.27%) through Offer for Sale
(OFS) to meet the SEBI norms of 25% minimum public shareholding. (News)
Rashtriya Chemicals and Fertilizers (RCF) 12.5% stake divestment via Offer for Sale route (OFS) will start on March 8.
The stock closed down 1.68% on BSE after hitting 52 week low at Rs 43.25. (News)
Hero Moto Corp shined 4.05% on BSE after Kotak Institutional Equities upgraded the stock from “sell” to “add”.
Orient Paper and Industries plunged 80.30% on BSE after the company decided to demerge its cement business.
The market breadth on the BSE closed in positive. Advancing and declining stocks were 1567 and 1323 respectively,
while 139 scrips remained unmoved.
The S&P BSE Sensex ended at 19413.54, up 160.93 points or 0.84%. The 30 share index touched a high and a low
of 19465.52 and 19212.92 respectively. 20 stocks advanced against 10 declining ones on the benchmark index.
The CNX Nifty gained 44.70 points or 0.77% to settle at 5863.30. The index touched high and low of 5878.00 and
5801.30 respectively. 26 stocks advanced against 24 declining ones on the index.
S&P BSE Sensex CNX Nifty
The S&P BSE Mid-cap index moved up to 6440.81 and gained 0.48% while S&P BSE Small-cap index jumped up by
0.85% to 6290.76.
The broader S&P BSE 500 index increased to 7353.31 (up 0.69%) and CNX 500 index rose to 4601.55 (up 0.68%).
The volatility as denoted by INDIA VIX lost 2.46% at 13.07 from its previous close of 13.40 on Wednesday.
Sectors in action
On the BSE Sectorial front, Real Estate (up 1.68%), Information Technology (up 1.66%) and Capital Goods (up
1.59%) were the top gainers.
Consumer Durables (down 0.57%) and Metals (down 0.43%) were the top losers.
The Angels and the Devils
Hero MotoCorp Ltd (up 4.05%), Tata Consultancy Services Ltd (up 2.10%), Larsen And Toubro Ltd (up 2.08%), Maruti
Suzuki India Ltd (up 2.07%) and Wipro Ltd (up 1.82%) were the top gainers on the Sensex.
Jindal Steel and Power Ltd (down 2.28%), Hindustan Unilever Ltd (down 1.69%), Coal India Ltd (down 1.25%), Tata

2. Jindal Steel and Power Ltd (down 2.28%), Hindustan Unilever Ltd (down 1.69%), Coal India Ltd (down 1.25%), Tata
Motors Ltd (down 1.07%) and Tata Steel Ltd (down 0.74%) were the top losers on the Sensex.
Benchmark Drivers
ITC Ltd (27.56 points), HDFC Bank (24.12 points), Tata Consultancy Services Ltd (22.81 points), Infosys Ltd (22.25
points) and Larsen And Toubro Ltd (19.59 points) were the major Sensex drivers today.
On the other end HDFC Bank (5.57 points), ITC Ltd (5.38 points), Larsen And Toubro Ltd (4.69 points), Infosys Ltd
(4.66 points) and Tata Consultancy Services Ltd (4.31 points) were the major Nifty movers today.
Pivot, Supports and Resistance Levels
CNX Nifty is now pivoted at 5848 for next session. The next support is at 5817 and on upside it has a resistance at
5894 levels.
CNX Nifty
Eff. Date S3 S2 S1 PIVOT R1 R2 R3 Actual Close
08-Mar-2013 5740 5771 5817 5848 5894 5924 5970 -
07-Mar-2013 5766 5780 5800 5814 5833 5848 5867 5863.30
06-Mar-2013 5673 5698 5741 5766 5809 5833 5876 5818.60
S&P BSE Sensex has a pivot at 19364 with first level of support and resistance at 19262 and 19515 respectively.
S&P BSE Sensex
Eff. Date S3 S2 S1 PIVOT R1 R2 R3 Actual Close
08-Mar-2013 19010 19111 19262 19364 19515 19617 19768 -
07-Mar-2013 19103 19149 19201 19247 19299 19345 19397 19413.54
06-Mar-2013 18783 18863 19003 19084 19224 19304 19444 19252.61
Follow us on This content is generated at www.finalaya.com and is governed by the Terms of Use.