Straddling optimistic global cues, Indian indices made a positive start and continued to trade firm. Cautious benchmarks trimmed some gains but continued to trade in fine fettle ahead of crucial macro data announcements scheduled later this week. Marking the first green close of 2014, benchmarks settled marginally up with Nifty above 6170. On BSE sectorial front, Health Care was the top gainer.

1. Snapping 5-day losing streak, benchmarks end in green
Market Snapshot | 08-01-2014 04:20 PM
Straddling optimistic global cues, Indian indices made a positive start and continued to trade firm. Cautious
benchmarks trimmed some gains but continued to trade in fine fettle ahead of crucial macro data announcements
scheduled later this week. Marking the first green close of 2014, benchmarks settled marginally up with Nifty above
6170. On BSE sectorial front, Health Care was the top gainer.
Among global peers, US indices traded higher as US trade deficit in November narrowed much more than
expectations. Additionally, Asian and European indices also climbed tracking positive cues from Wall Street.
Back home, Titagarh Wagons soared 6% on BSE on divesting its entire holding in Barrackpore Enterprises (BEPL) on
December 31, 2013. (Read More)
Coal India climbed 4.8% on BSE on announcing January 20, 2014 as the record date for payment of Interim Divided on
Equity Shares. (Read More)
The market breadth on the BSE closed in positive. Advancing and declining stocks were 1562 and 1094 respectively,
while 177 scrips remained unmoved.
The S&P BSE Sensex ended at 20729.38, up 36.14 points or 0.17%. The 30 share index touched a high and a low of
20786.41 and 20688.18 respectively. 15 stocks advanced against 15 declining ones on the benchmark index.
The CNX Nifty gained 12.35 points or 0.20% to settle at 6174.60. The index touched high and low of 6192.10 and
6160.35 respectively. 28 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 6696.60 and gained 0.59% while S&P BSE Small-cap index jumped up by
0.29% to 6658.46.
The broader S&P BSE 500 index increased to 7704.84 (up 0.27%) and CNX 500 index rose to 4833.55 (up 0.28%).
The volatility as denoted by INDIA VIX gained 0.00% at 16.32 from its previous close of 16.32 on Tuesday.
Sectors in action
On the BSE Sectorial front, Healthcare (up 1.04%), Automobile (up 0.71%) and Metals (up 0.43%) were the top
gainers.
Capital Goods (down 1.35%), Consumer Durables (down 0.58%) and Real Estate (down 0.44%) were the top losers.
The Angels and the Devils
Coal India Ltd (up 4.77%), Cipla Ltd (up 3.38%), GAIL (India) Ltd (up 2.49%), Tata Power Company Ltd (up 1.82%)
and Dr. Reddys Laboratories Ltd (up 1.62%) were the top gainers on the Sensex.
Larsen And Toubro Ltd (down 2.03%), Axis Bank (down 1.98%), Sesa Sterlite Ltd (down 1.67%), Bharat Heavy
Electricals Ltd (down 1.33%) and Oil and Natural Gas Corporation Ltd (down 1.09%) were the top losers on the
Sensex.
Benchmark Drivers
Larsen And Toubro Ltd (-19.78 points), Tata Consultancy Services Ltd (16.75 points), Infosys Ltd (-16.22 points),
Reliance Industries Ltd (12.46 points) and Housing Development Finance Corporation Ltd (11.58 points) were the
major Sensex drivers today.
On the other end Larsen And Toubro Ltd (-5.11 points), Tata Consultancy Services Ltd (4.51 points), Infosys Ltd (-4.11
points), Reliance Industries Ltd (3.58 points) and Housing Development Finance Corporation Ltd (2.75 points) were
the major Nifty movers today.
Pivot, Supports and Resistance Levels
CNX Nifty is now pivoted at 6176 for next session. The next support is at 6159 and on upside it has a resistance at

2. CNX Nifty is now pivoted at 6176 for next session. The next support is at 6159 and on upside it has a resistance at
6191 levels.
CNX Nifty
Eff. Date
09-Jan-2014
08-Jan-2014
07-Jan-2014
S3
6128
6054
6112
S2
6144
6099
6141
S1
6159
6131
6166
PIVOT
6176
6176
6195
R1
6191
6208
6221
R2
6207
6253
6250
R3
6223
6284
6275
Actual Close
6174.60
6162.25
S&P BSE Sensex has a pivot at 20735 with first level of support and resistance at 20683 and 20781 respectively.
S&P BSE Sensex
Eff. Date
09-Jan-2014
08-Jan-2014
07-Jan-2014
S3
20585
20337
20510
Follow us on
S2
20636
20487
20616
S1
20683
20590
20702
PIVOT
20735
20740
20808
R1
20781
20843
20893
R2
20833
20994
21000
R3
20879
21097
21085
Actual Close
20729.38
20693.24
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