1. Benchmarks end margianlly up: IT shined
Market Summary
21-Jun-2013
After yesterday’s mayhem, Indian indices plunged at open tracking weakness in global markets. After trading choppy in
range bound trades, benchmarks ended marginally in green. On sectorial front, IT and Teck shined more than 1% on
BSE.
Globally, US markets traded on a mixed note whereas Asian indices dipped in red zone. On the other hand, European
indices traded in positive territory.
Back home, auto major, Hero Moto Corp gained 1.56% on BSE after international research house Bank of America
Merrill Lynch upgraded the stock from “under-perform” to “buy” with a target price of Rs 2030.
Future Retail tumbled 32.81% to hit fresh 52 week low at Rs 83.70 on BSE after company reportedly demerged its
fashion business and formed a new company Future Lifestyle Fashions.
Bajaj Hindusthan dived 3.02% and hit fresh yearly low at Rs 14.15 on BSE after the company’s Board nodded for
selling investments in Bajaj Energy and Bajaj Hindusthan (Singapore). (News)
The Cabinet Committee on Economic Affairs (CCEA) has approved to offload 5% stake in state owned Neyveli Lignite
Corporation to cater around Rs 450 crore. The stock closed 0.61% up on BSE. (News)
Bharti Airtel spiked 1.37% on BSE as the company added 0.85 million users in May 2013. (News)
IT major, Infosys spurted 2.21% on BSE on joining Open Data Center Alliance (ODCA) as a contributing member in
cloud and big data. (News)
T he market breadth on the BSE closed in negative. Advancing and declining stocks were 1013 and 1381
respectively, while 145 scrips remained unmoved.
The S&P BSE Sensex ended at 18774.24, up 54.95 points or 0.29%. The 30 share index touched a high and a low of
18820.81 and 18615.14 respectively. 16 stocks advanced against 13 declining ones on the benchmark index.
The CNX Nifty gained 11.75 points or 0.21% to settle at 5667.65. The index touched high and low of 5686.15 and
5616.85 respectively. 22 stocks advanced against 28 declining ones on the index.
S&P BSE Sensex CNX Nifty
The S&P BSE Mid-cap index moved down to 6037.60 and lost 1.28% while S&P BSE Small-cap index hammered
down by 0.36% to 5717.30.
The broader S&P BSE 500 index decreased to 7036.48 (down 0.15%) and CNX 500 index declined to 4420.15 (down
0.21%).
The volatility as denoted by INDIA VIX lost 0.83% at 19.03 from its previous close of 19.19 on Thursday.
Sectors in action
On the BSE Sectorial front, Information Technology (up 1.43%), Automobile (up 0.34%) and Power (up 0.27%) were
the top gainers.
Metals (down 1.45%), Real Estate (down 1.02%) and Consumer Durables (down 0.41%) were the top losers.
The Angels and the Devils
Oil and Natural Gas Corporation Ltd (up 2.56%), Infosys Ltd (up 2.21%), NTPC Ltd (up 2.11%), Dr. Reddys
Laboratories Ltd (up 2.05%) and Maruti Suzuki India Ltd (up 1.91%) were the top gainers on the Sensex.
Jindal Steel and Power Ltd (down 8.06%), Hindalco Industries Ltd (down 4.20%), Sun Pharmaceutical Industries Ltd
(down 1.85%), Sterlite Industries (India) Ltd (down 0.98%) and Reliance Industries Ltd (down 0.66%) were the top
losers on the Sensex.

2. Benchmark Drivers
Infosys Ltd (30.35 points), Oil and Natural Gas Corporation Ltd (15.68 points), Tata Consultancy Services Ltd (12.86
points), Reliance Industries Ltd (-11.22 points) and Housing Development Finance Corporation Ltd (9.49 points) were
the major Sensex drivers today.
On the other end Infosys Ltd (7.51 points), Oil and Natural Gas Corporation Ltd (4.40 points), Tata Consultancy
Services Ltd (3.23 points), Reliance Industries Ltd (-2.84 points) and Sun Pharmaceutical Industries Ltd (-2.68 points)
were the major Nifty movers today.
Pivot, Supports and Resistance Levels
CNX Nifty is now pivoted at 5653 for next session. The next support is at 5620 and on upside it has a resistance at
5689 levels.
CNX Nifty
Eff. Date S 3 S 2 S 1 PIVOT R 1 R 2 R 3 Actual Close
24-Jun-2013 5558 5588 5628 5657 5697 5726 5766 -
21-Jun-2013 5507 5577 5616 5685 5724 5794 5833 5667.65
20-Jun-2013 5740 5759 5791 5810 5841 5860 5892 5655.90
S&P BSE Sensex has a pivot at 18737 with first level of support and resistance at 18653 and 18858 respectively.
S&P BSE Sensex
Eff. Date S 3 S 2 S 1 PIVOT R 1 R 2 R 3 Actual Close
24-Jun-2013 18447 18531 18653 18737 18858 18942 19064 -
21-Jun-2013 18199 18443 18581 18825 18963 19207 19345 18774.24
20-Jun-2013 18965 19033 19139 19207 19313 19381 19487 18719.29
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