Wall street's record highs inspire Indian Markets to finish in green; Sensex rallies 128 points...Nifty closes just below 5600 http://lnkd.in/fpYnTT

1. Wall street's record highs inspire D-street; Sensex rallies 128 points
Market Summary
11-Apr-2013
Following a positive opening tracking sanguine global cues, Indian equity indices pared their gains and went below
yesterday’s finish line during afternoon session. The markets achieved a smart recovery thereafter and closed in green
with handsome gains. Nifty closed just below 5600 while Sensex gained 128 points to close near 18550. Realty, IT and
Banking Indices topped the charts on sectoral front.
Globally, U.S. markets continue to break records. S&P and Dow Jones Industrial Average (DJIA) registered their all
time highs whereas Nasdaq posted its 12 yr high on Wednesday. Asian and European indices were also sanguine
today. Upbeat economic data from U.S. & China and monetary stimulus from Japan have sent the world markets into
crazy buying spree.
Back home, markets are looking forward to Infosys Q4 numbers and IIP data for further cues. Infosys gained 3.72% on
BSE ahead of its Q4 earning numbers tomorrow.
The market breadth on the BSE closed in positive. Advancing and declining stocks were 930 and 818 respectively,
while 773 scrips remained unmoved.
The S&P BSE Sensex ended at 18542.20, up 127.75 points or 0.69%. The 30 share index touched a high and a low
of 18599.14 and 18397.94 respectively. 16 stocks advanced against 14 declining ones on the benchmark index.
The CNX Nifty gained 35.30 points or 0.64% to settle at 5594.00. The index touched high and low of 5610.65 and
5542.85 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 6107.92 and gained 0.06% while S&P BSE Small-cap index jumped up by
0.64% to 5894.84.
The broader S&P BSE 500 index increased to 6998.72 (up 0.48%) and CNX 500 index rose to 4388.05 (up 0.49%).
The volatility as denoted by INDIA VIX gained 2.91% at 16.97 from its previous close of 16.49 on Wednesday.
Sectors in action
On the BSE Sectorial front, Real Estate (up 2.21%), Information Technology (up 2.04%) and Banks (up 1.53%) were
the top gainers.
Power (down 0.76%), Metals (down 0.74%) and Oil & Gas (down 0.42%) were the top losers.
The Angels and the Devils
Tata Motors Ltd (up 3.92%), Infosys Ltd (up 3.72%), ICICI Bank (up 3.52%), Larsen And Toubro Ltd (up 2.05%) and
Sun Pharmaceutical Industries Ltd (up 1.81%) were the top gainers on the Sensex.
Bharti Airtel Ltd (down 2.31%), Tata Steel Ltd (down 2.24%), Housing Development Finance Corporation Ltd (down
1.90%), NTPC Ltd (down 1.48%) and Bajaj Auto Ltd (down 1.42%) were the top losers on the Sensex.
Benchmark Drivers
Infosys Ltd (60.76 points), ICICI Bank (48.52 points), Housing Development Finance Corporation Ltd (-25.78 points),
Tata Motors Ltd (21.99 points) and Reliance Industries Ltd (-20.97 points) were the major Sensex drivers today.
On the other end Infosys Ltd (13.19 points), ICICI Bank (13.16 points), Housing Development Finance Corporation Ltd
(-7.29 points), Tata Motors Ltd (5.41 points) and Larsen And Toubro Ltd (4.93 points) were the major Nifty movers
today.

2. Pivot, Supports and Resistance Levels
CNX Nifty is now pivoted at 5582 for next session. The next support is at 5554 and on upside it has a resistance at
5622 levels.
CNX Nifty
Eff. Date S3 S2 S1 PIVOT R1 R2 R3 Actual Close
12-Apr-2013 5487 5515 5554 5582 5622 5650 5690 -
11-Apr-2013 5409 5443 5501 5535 5593 5627 5685 5594.00
10-Apr-2013 5338 5412 5454 5528 5570 5644 5686 5558.70
S&P BSE Sensex has a pivot at 18513 with first level of support and resistance at 18427 and 18628 respectively.
S&P BSE Sensex
Eff. Date S3 S2 S1 PIVOT R1 R2 R3 Actual Close
12-Apr-2013 18226 18312 18427 18513 18628 18714 18829 -
11-Apr-2013 17950 18062 18238 18350 18526 18638 18814 18542.20
10-Apr-2013 17741 17974 18100 18333 18459 18692 18818 18414.45
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