Sluggish global cues dragged Indian indices lower at start. Choppy markets continued the southward journey till afternoon. Subsequently benchmarks erased losses in noon trades to end flat. On sectorial front, Bankex was the top laggard whereas Healthcare index hits record high.

1. Benchmarks recoup to end flat; Healthcare Index hits new high
Market Summary
07-Oct-2013
Sluggish global cues dragged Indian indices lower at start. Choppy markets continued the southward journey till
afternoon. Subsequently benchmarks erased losses in noon trades to end flat. On sectorial front, Bankex was the top
laggard whereas Healthcare index hits record high.
Among global peers, US indices plunged on the back of continued Government shutdown. Asian and European indices
were also dipped in red as the investors remained on sideline on pessimistic US cues.
Back home, healthcare index had hit a record high of 9679 in intraday trades and finally settled at 9656. Pharma
stocks rallied on hopes of higher revenue growth in September quarter due to devaluation in Rupee during the
quarter. (What's Hot)
Market regulator reduced foreign investment rules to bare bones to bolster foreign inflows. SEBI approved new
Foreign Portfolio Investor (FPI) regulations which will make registration process easier for Foreign Institutional
Investors (FIIs). (Read More)
Bombay Dyeing rallied 12.45% on BSE as the global private equity (PE) firms in talks to acquire around 24% stake
jointly in the company with a value of over Rs 500 crore. (Read More)
TVS Motors spurted 6.8% on BSE as reportedly, the company is planning to merge two subsidiaries with it to
strengthen its balance sheet.
Ranbaxy soared 5.65% on BSE as the company intends to acquire US Food & Drug Administration (US FDA)-
approved manufacturing facility in India to secure its future launches. (Read More)
Coal India plunged 3.2% on BSE as Government of India will offload more than 315 million shares or 5% stake of the
company through an offer for sale (OFS) route. (Read More)
TTK Prestige shined 1.25% on BSE on plans to invest Rs 300 crore over the next three years on marketing/brand
building. (Read More)
The market breadth on the BSE closed in positive. Advancing and declining stocks were 1331 and 1115 respectively,
while 163 scrips remained unmoved.
The S&P BSE Sensex ended at 19895.10, down 20.85 points or 0.10%. The 30 share index touched a high and a
low of 19921.38 and 19647.88 respectively. 17 stocks advanced against 13 declining ones on the benchmark index.
The CNX Nifty lost 1.15 points or 0.02% to settle at 5906.15. The index touched high and low of 5912.00 and 5825.85
respectively. 27 stocks advanced against 22 declining ones on the index.
S&P BSE Sensex CNX Nifty
The S&P BSE Mid-cap index moved up to 5756.91 and gained 0.45% while S&P BSE Small-cap index jumped up by
0.47% to 5591.79.
The broader S&P BSE 500 index increased to 7216.90 (up 0.09%) and CNX 500 index rose to 4522.80 (up 0.15%).
The volatility as denoted by INDIA VIX gained 2.68% at 26.83 from its previous close of 26.13 on Friday.
Sectors in action
On the BSE Sectorial front, Information Technology (up 1.21%), Metals (up 0.91%) and Healthcare (up 0.87%) were
the top gainers.
Banks (down 1.16%), Capital Goods (down 0.39%) and Real Estate (down 0.32%) were the top losers.
The Angels and the Devils
Tata Steel Ltd (up 4.13%), Hindalco Industries Ltd (up 3.22%), Tata Consultancy Services Ltd (up 2.52%), Jindal Steel
and Power Ltd (up 1.59%) and Bharat Heavy Electricals Ltd (up 1.53%) were the top gainers on the Sensex.

2. Coal India Ltd (down 3.19%), Bharti Airtel Ltd (down 1.71%), ICICI Bank (down 1.50%), Maruti Suzuki India Ltd (down
1.46%) and Larsen And Toubro Ltd (down 1.37%) were the top losers on the Sensex.
Benchmark Drivers
Tata Consultancy Services Ltd (35.81 points), Reliance Industries Ltd (-20.19 points), ICICI Bank (-19.23 points),
HDFC Bank (-14.67 points) and Larsen And Toubro Ltd (-11.09 points) were the major Sensex drivers today.
On the other end Tata Consultancy Services Ltd (9.89 points), Reliance Industries Ltd (-5.52 points), ICICI Bank (-4.99
points), HDFC Bank (-3.53 points) and Larsen And Toubro Ltd (-2.68 points) were the major Nifty movers today.
Pivot, Supports and Resistance Levels
CNX Nifty is now pivoted at 5881 for next session. The next support is at 5851 and on upside it has a resistance at
5937 levels.
CNX Nifty
Eff. Date S 3 S 2 S 1 PIVOT R 1 R 2 R 3 Actual Close
08-Oct-2013 5765 5795 5851 5881 5937 5967 6023 -
07-Oct-2013 5813 5849 5878 5914 5944 5980 6009 5906.15
04-Oct-2013 5721 5762 5836 5877 5951 5992 6066 5907.30
S&P BSE Sensex has a pivot at 19821 with first level of support and resistance at 19722 and 19995 respectively.
S&P BSE Sensex
Eff. Date S 3 S 2 S 1 PIVOT R 1 R 2 R 3 Actual Close
08-Oct-2013 19448 19548 19722 19821 19995 20095 20269 -
07-Oct-2013 19597 19715 19815 19934 20034 20153 20253 19895.10
04-Oct-2013 19336 19460 19681 19805 20026 20150 20371 19915.95
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