1. Benchmarks end marginally higher ahead of Fed meet outcome
Market Summary
19-Jun-2013
Indian indices plunged at open amid mixed global cues. Subsequently in late afternoon deals, benchmarks surpassed
previous close to end marginally up ahead of outcome of US Fed meet. Among BSE sectorial, Consumer Durables was
the top performer whereas Auto was the laggard.
On global front, US and European markets traded in positive terrain whereas Asian indices were marginally down
except Nikkei, which gained more than a percent.
Back home, Government panel headed by economic affairs Secretary Arvind Mayaram recommended 100% FDI in
telecom & aviation sectors. Additionally, the panel suggested raising the ceiling to 49% in the defense sector and 74%
in multi brand retail. (News)
Among stock specific actions, Reddy’s Laboratories dipped 1.55% on BSE as the company is sued by AbbVie Inc, for
allegedly encroaching patented drug Zemplar on six counts concerning three patents.
Infinite Computer Solutions surged 5.06% on BSE as the company has launched its cloud-based solution of Enterprise
Messaging Service (EMS) in the Asia-Pacific (APAC) market. The company will also start its buy back offer from June
20. (News)
Vakrangee Software climbed 4.81% to make fresh 52 week high at Rs 79.85 on BSE after company said that its
promoters increased stake in the company by acquiring 4.53% shares of the company.
The market breadth on the BSE closed in positive. Advancing and declining stocks were 1291 and 1134 respectively,
while 146 scrips remained unmoved.
The S&P BSE Sensex ended at 19245.70, up 22.42 points or 0.12%. The 30 share index touched a high and a low of
19274.26 and 19100.13 respectively. 15 stocks advanced against 15 declining ones on the benchmark index.
The CNX Nifty gained 8.65 points or 0.15% to settle at 5822.25. The index touched high and low of 5828.40 and
5777.90 respectively. 27 stocks advanced against 23 declining ones on the index.
S&P BSE Sensex CNX Nifty
The S&P BSE Mid-cap index moved up to 6235.79 and gained 0.53% while S&P BSE Small-cap index jumped up by
0.50% to 5838.77.
The broader S&P BSE 500 index increased to 7238.94 (up 0.27%) and CNX 500 index rose to 4552.70 (up 0.26%).
The volatility as denoted by INDIA VIX gained 0.93% at 18.46 from its previous close of 18.29 on Tuesday.
Sectors in action
On the BSE Sectorial front, Consumer Durables (up 1.96%), Metals (up 1.28%) and Real Estate (up 0.58%) were the
top gainers.
Automobile (down 0.67%), Power (down 0.59%) and Healthcare (down 0.29%) were the top losers.
The Angels and the Devils
Bharti Airtel Ltd (up 2.83%), Hindalco Industries Ltd (up 2.66%), Sterlite Industries (India) Ltd (up 2.65%), Jindal Steel
and Power Ltd (up 2.52%) and Tata Steel Ltd (up 2.05%) were the top gainers on the Sensex.
Tata Motors Ltd (down 1.80%), Dr. Reddys Laboratories Ltd (down 1.55%), NTPC Ltd (down 1.39%), Tata
Consultancy Services Ltd (down 1.33%) and Hero MotoCorp Ltd (down 1.26%) were the top losers on the Sensex.
Benchmark Drivers
HDFC Bank (16.99 points), Reliance Industries Ltd (15.88 points), Housing Development Finance Corporation Ltd
(15.77 points), Tata Consultancy Services Ltd (-13.49 points) and Bharti Airtel Ltd (13.05 points) were the major
Sensex drivers today.

2. On the other end Infosys Ltd (-3.59 points), ICICI Bank (-3.44 points), Housing Development Finance Corporation Ltd
(3.10 points), Tata Motors Ltd (-2.48 points) and Reliance Industries Ltd (2.40 points) were the major Nifty movers
today.
Pivot, Supports and Resistance Levels
CNX Nifty is now pivoted at 5810 for next session. The next support is at 5791 and on upside it has a resistance at
5841 levels.
CNX Nifty
Eff. Date S 3 S 2 S 1 PIVOT R 1 R 2 R 3 Actual Close
20-Jun-2013 5740 5759 5791 5810 5841 5860 5892 -
19-Jun-2013 5732 5768 5791 5827 5850 5886 5909 5822.25
18-Jun-2013 5711 5740 5795 5825 5880 5910 5965 5813.60
S&P BSE Sensex has a pivot at 19207 with first level of support and resistance at 19139 and 19313 respectively.
S&P BSE Sensex
Eff. Date S 3 S 2 S 1 PIVOT R 1 R 2 R 3 Actual Close
20-Jun-2013 18965 19033 19139 19207 19313 19381 19487 -
19-Jun-2013 18956 19074 19149 19266 19341 19458 19533 19245.70
18-Jun-2013 18899 18992 19159 19252 19419 19511 19678 19223.28
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