1. Sensex sheds 210 points on weak macro data
Market Snapshot | 13-12-2013 04:20 PM
Tailing disheartening IIP and CPI numbers, Indian equity indices made a negative start for fourth straight session.
Sentiments remained pessimistic and markets fell further to end near day’s low with Sensex shedding 210 points and
Nifty plunging 1.1%. On BSE sectorial front, Bankex was the top loser.
Among global peers, US and Asian indices traded mixed whereas European markets were trading in positive terrain.
Back home, India's annual industrial output growth for October 2013 measured by Index of Industrial Production (IIP),
contracted after 3 months by 1.8% at 168.5 as against a growth of 8.4% in October 2012. Meanwhile, IIP numbers for
September 2013 has been revised to 1.96% from the provisional estimate of 2%.
Additionally, retail inflation for November spiked to nine month high levels. Consumer Price Index (combined)
accelerated to 11.24% in November 2013 as compared to 10.17% in October 2013. D-street expected CPI to be at
10% figure. The corresponding provisional inflation rates for rural and urban areas for November 2013 are 11.74% and
10.53% respectively. (Read More)
Pharmaceutical major, Elder Pharmaceuticals tanked 8.17% on BSE as the company entered into definitive agreement
with Torrent Pharmaceuticals to sell its branded domestic formulations business in India and Nepal for Rs 2004 crore.
(Read More)
Aurobindo Pharmaceuticals rallied 4% on BSE on getting USFDA approval for Duloxetine Hydrochloride Delayed
Release Capsules. (Read More)
PSU bellwether, Oil and Natural Gas Corporation (ONGC) has paid Rs 2900 crore to Government of India (GoI) as the
interim dividend for 2013-14. The stock ended 1.2% down on BSE. (Read More)
The market breadth on the BSE closed in negative. Advancing and declining stocks were 927 and 1612 respectively,
while 165 scrips remained unmoved.
The S&P BSE Sensex ended at 20715.58, down 210.03 points or 1.00%. The 30 share index touched a high and a
low of 20867.17 and 20692.67 respectively. 6 stocks advanced against 24 declining ones on the benchmark index.
The CNX Nifty lost 68.65 points or 1.10% to settle at 6168.40. The index touched high and low of 6208.60 and
6161.40 respectively. 7 stocks advanced against 43 declining ones on the index.
S&P BSE Sensex
CNX Nifty
The S&P BSE Mid-cap index moved down to 6302.50 and lost 1.26% while S&P BSE Small-cap index hammered
down by 0.95% to 6131.12.
The broader S&P BSE 500 index decreased to 7572.98 (down 1.15%) and CNX 500 index declined to 4756.05 (down
1.13%).
The volatility as denoted by INDIA VIX gained 0.56% at 17.84 from its previous close of 17.74 on Thursday.
Sectors in action
On the BSE Sectorial front, there was no gainer.
Banks (down 2.25%), Power (down 2.22%) and Real Estate (down 2.10%) were the top losers.
The Angels and the Devils
Tata Motors Ltd (up 2.68%), Wipro Ltd (up 1.63%), Tata Steel Ltd (up 0.72%), Coal India Ltd (up 0.71%) and
Mahindra and Mahindra Ltd (up 0.61%) were the top gainers on the Sensex.
ICICI Bank (down 4.12%), Bharat Heavy Electricals Ltd (down 4.06%), Hero MotoCorp Ltd (down 2.98%), Tata Power
Company Ltd (down 2.52%) and GAIL (India) Ltd (down 2.47%) were the top losers on the Sensex.

2. Benchmark Drivers
ICICI Bank (-63.48 points), Housing Development Finance Corporation Ltd (-34.93 points), Tata Motors Ltd (20.26
points), Tata Consultancy Services Ltd (-16.59 points) and Larsen And Toubro Ltd (-16.16 points) were the major
Sensex drivers today.
On the other end ICICI Bank (-15.94 points), Housing Development Finance Corporation Ltd (-8.65 points), Tata
Motors Ltd (5.11 points), Tata Consultancy Services Ltd (-4.61 points) and Larsen And Toubro Ltd (-3.65 points) were
the major Nifty movers today.
Pivot, Supports and Resistance Levels
CNX Nifty is now pivoted at 6179 for next session. The next support is at 6150 and on upside it has a resistance at
6198 levels.
CNX Nifty
Eff. Date
16-Dec-2013
13-Dec-2013
12-Dec-2013
S3
6103
6160
6237
S2
6132
6195
6259
S1
6150
6216
6283
PIVOT
6179
6251
6305
R1
6198
6272
6330
R2
6227
6308
6351
R3
6245
6329
6376
Actual Close
6168.40
6237.05
S&P BSE Sensex has a pivot at 20758 with first level of support and resistance at 20650 and 20824 respectively.
S&P BSE Sensex
Eff. Date
16-Dec-2013
13-Dec-2013
12-Dec-2013
S3
20475
20648
20942
Follow us on
S2
20584
20775
21006
S1
20650
20850
21089
PIVOT
20758
20977
21152
R1
20824
21052
21235
R2
20933
21179
21299
R3
20999
21255
21382
Actual Close
20715.58
20925.61
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