1. Benchmarks pare early gains to end marginally in green
Market Snapshot | 23-12-2013 04:37 PM
Tracking optimistic global trades, Indian indices spiked instantaneously after a flat opening and continued firm trades
amidst fresh buying activities. Choppy indices retained in bullish mood till noon trades but pared some gains to end
marginally in green. On BSE sectorial front, Realty topped the charts by surging over 3%.
Among global peers, US markets soared with Dow Jones Industrial Average and the S&P 500 rising to record levels
after a Government report showed that last quarter, the economy grew at its fastest pace in two years. Asian and
European indices too traded in green zone on positive cues from Wall Street.
Back home, banking bellwether, Yes Bank rallied 2.43% on BSE on raising $150 million Long Term Loan from
International Finance Corporation for tenure of up to 7 years. (Read More)
Unites Spirits slumped 3.65% on BSE after Karnataka High Court ordered the cancellation of the sale to British group
Diageo in response to a petition by creditors of the company.
Oil Marketing companies (OMC) traded firm on hiking prices of petrol and diesel by 41 paise and 10 paise respectively
on Friday. The prices were raised following the Government's decision to raise commission paid to dealers and
growing global oil rates. (What’s Hot)
Tyre manufacturers companies jumped after the Import duty on natural rubber has been hiked to Rs 30/kg from Rs
20/kg. (What’s Hot)
The market breadth on the BSE closed in positive. Advancing and declining stocks were 1637 and 951 respectively,
while 181 scrips remained unmoved.
The S&P BSE Sensex ended at 21101.03, up 21.31 points or 0.10%. The 30 share index touched a high and a low of
21207.89 and 21059.12 respectively. 21 stocks advanced against 9 declining ones on the benchmark index.
The CNX Nifty gained 10.25 points or 0.16% to settle at 6284.50. The index touched high and low of 6317.50 and
6266.95 respectively. 35 stocks advanced against 15 declining ones on the index.
S&P BSE Sensex
CNX Nifty
The S&P BSE Mid-cap index moved up to 6584.11 and gained 1.26% while S&P BSE Small-cap index jumped up by
1.20% to 6367.46.
The broader S&P BSE 500 index increased to 7775.23 (up 0.40%) and CNX 500 index rose to 4878.85 (up 0.35%).
The volatility as denoted by INDIA VIX gained 1.50% at 16.26 from its previous close of 16.02 on Friday.
Sectors in action
On the BSE Sectorial front, Real Estate (up 3.16%), Metals (up 1.52%) and Capital Goods (up 1.30%) were the top
gainers.
Information Technology (down 0.98%) was the top loser.
The Angels and the Devils
Hindalco Industries Ltd (up 3.69%), Bharat Heavy Electricals Ltd (up 2.17%), Hero MotoCorp Ltd (up 1.67%), Oil and
Natural Gas Corporation Ltd (up 1.48%) and Tata Steel Ltd (up 1.28%) were the top gainers on the Sensex.
Infosys Ltd (down 2.35%), Tata Power Company Ltd (down 1.71%), Housing Development Finance Corporation Ltd
(down 1.22%), Tata Consultancy Services Ltd (down 0.47%) and Hindustan Unilever Ltd (down 0.44%) were the top
losers on the Sensex.
Benchmark Drivers
Infosys Ltd (-47.36 points), ITC Ltd (25.72 points), Housing Development Finance Corporation Ltd (-16.74 points),
ICICI Bank (12.59 points) and Oil and Natural Gas Corporation Ltd (8.34 points) were the major Sensex drivers today.

2. On the other end Infosys Ltd (-11.73 points), ITC Ltd (6.43 points), Housing Development Finance Corporation Ltd (5.17 points), ICICI Bank (3.46 points) and Oil and Natural Gas Corporation Ltd (1.98 points) were the major Nifty
movers today.
Pivot, Supports and Resistance Levels
CNX Nifty is now pivoted at 6295 for next session. The next support is at 6279 and on upside it has a resistance at
6322 levels.
CNX Nifty
Eff. Date
24-Dec-2013
23-Dec-2013
20-Dec-2013
S3
6235
6087
6011
S2
6251
6129
6081
S1
6279
6202
6124
PIVOT
6295
6243
6194
R1
6322
6316
6237
R2
6338
6357
6307
R3
6366
6430
6350
Actual Close
6284.50
6274.25
S&P BSE Sensex has a pivot at 21123 with first level of support and resistance at 21037 and 21186 respectively.
S&P BSE Sensex
Eff. Date
24-Dec-2013
23-Dec-2013
20-Dec-2013
S3
20889
20472
20193
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S2
20974
20609
20419
S1
21037
20844
20564
PIVOT
21123
20981
20791
R1
21186
21216
20935
R2
21271
21353
21162
R3
21335
21589
21307
Actual Close
21101.03
21079.72
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