Markets opened flat and drifted lower in the morning session. The indices trimmed losses in afternoon trade on European cues and began to trade in green. Investors are now looking up to the Q2 results of Reliance Industries to be disclosed later today. Sensex closed above 18700 to end the day with marginal gains.

1. Markets rise marginally ahead of RIL Q2 numbers
Market Summary
15-Oct-2012
Markets opened flat and drifted lower in the morning session. The indices trimmed losses in afternoon trade on
European cues and began to trade in green. Investors are now looking up to the Q2 results of Reliance Industries to
be disclosed later today. Sensex closed above 18700 to end the day with marginal gains.
Dampening the scope for an interest-rate cut, India's headline inflation, measured by the wholesale price index (WPI),
unexpectedly climbed to its 10 months high level at 7.81% for the month of September 2012, as compared to 7.55%
(Provisional) for August. The much awaited figure is however, lower than the rate of 10% during the corresponding
month of the previous year. July inflation is revised upwards to 7.52% v/s 6.87% earlier. (News)
Stock of the DB realty rallied 5% (BSE) on reports of the big bull Rakesh Jhunjhunwala’s firm acquiring stake in the
company. (News)
The market breadth on the BSE closed in positive. Advancing and declining stocks were 1514 and 1351 respectively,
while 131 scrips remained unmoved.
The BSE Sensex ended at 18713.55, up 38.37 points or 0.21%. The 30 share index touched a high and a low of
18726.38 and 18596.65 respectively. 18 stocks advanced against 12 declining ones on the benchmark index.
The S&P CNX Nifty gained 11.20 points or 0.20% to settle at 5687.25. The index touched high and low of 5693.70
and 5651.05 respectively. 26 stocks advanced against 24 declining ones on the index.
Sensex Nifty
The BSE Mid-cap index moved up to 6681.07 and gained 0.06% while Small-cap index jumped up by 0.43% to
7140.25.
The broader BSE 500 index increased to 7222.15 (up 0.12%) and S&P CNX 500 index rose to 4511.85 (up 0.13%).
The volatility as denoted by INDIA VIX lost 3.58% at 15.90 from its previous close of 16.49 on Friday.
Sectors in action
On the BSE Sectorial front, FMCG (up 0.75%), Oil & Gas (up 0.53%) and Real Estate (up 0.52%) were the top
gainers.
Consumer Durables (down 0.84%), Information Technology (down 0.76%) and Automobile (down 0.30%) were the top
losers.
The Angels and the Devils
Hindalco Industries Ltd. (up 1.83%), Bharat Heavy Electricals Limited (up 1.55%), Cipla Limited (up 1.44%), Bharti
Airtel Limited (up 1.15%) and Tata Power Company Limited (up 1.12%) were the top gainers on the Sensex.
Maruti Suzuki India Limited (down 2.46%), Infosys Limited (down 1.25%), Sterlite Industries (India) Limited (down
1.02%), Larsen And Toubro Limited (down 0.88%) and Coal India Ltd. (down 0.74%) were the top losers on the
Sensex.
Benchmark Drivers
ITC Limited (20.53 points), Infosys Limited (-17.40 points), ICICI Bank (10.63 points), Larsen And Toubro Limited (-9.48
points) and Reliance Industries Limited (9.13 points) were the major Sensex drivers today.
On the other end ITC Limited (5.34 points), Infosys Limited (-4.36 points), ICICI Bank (2.99 points), Larsen And Toubro
Limited (-2.31 points) and Reliance Industries Limited (2.22 points) were the major Nifty movers today.
Pivot, Supports and Resistance Levels
S&P CNX Nifty is now pivoted at 5677 for next session. The next support is at 5661 and on upside it has a resistance
at 5704 levels.

2. S&P CNX Nifty
Eff. Date S3 S2 S1 PIVOT R1 R2 R3 Actual Close
16-Oct-2012 5618 5635 5661 5677 5704 5720 5746 -
15-Oct-2012 5583 5621 5649 5687 5714 5752 5780 5687.25
12-Oct-2012 5572 5605 5656 5689 5740 5773 5825 5676.05
Sensex has a pivot at 18679 with first level of support and resistance at 18631 and 18761 respectively.
Sensex
Eff. Date S3 S2 S1 PIVOT R1 R2 R3 Actual Close
16-Oct-2012 18502 18549 18631 18679 18761 18809 18891 -
15-Oct-2012 18388 18513 18594 18719 18800 18925 19006 18713.55
12-Oct-2012 18375 18478 18642 18745 18908 19011 19174 18675.18
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