Markets opened marginally up, were rangebound through rest of the day but managed uptrend despite negative European opening. Amid choppy trading, Nifty ended above 5630. The market breadth on the BSE closed in positive. Advancing and declining stocks were 1553 and 1226 respectively, while 149 scrips remained unmoved. Teck and IT sector were the top gainers on the back of positive U.S. economic data. Hind Copper dipped 20% on BSE for the second consecutive trading day post its auction at a discounted price. United Spirits gained 3.26% on BSE after Nomura upgraded the stock from "Neutral" to "Buy".

1. Choppy markets end marginally higher
Market Summary
26-Nov-2012
Markets opened marginally up, were rangebound through rest of the day but managed uptrend despite negative
European opening. Amid choppy trading, Nifty ended above 5630. Teck and IT sector were the top gainers on the
back of positive U.S. economic data.
Hind Copper dipped 20% on BSE for the second consecutive trading day post its auction at a discounted price.
United Spirits gained 3.26% on BSE after Nomura upgraded the stock from "Neutral" to "Buy".
The market breadth on the BSE closed in positive. Advancing and declining stocks were 1553 and 1226 respectively,
while 149 scrips remained unmoved.
The BSE Sensex ended at 18537.01, up 30.44 points or 0.16%. The 30 share index touched a high and a low of
18590.33 and 18508.79 respectively. 19 stocks advanced against 11 declining ones on the benchmark index.
The S&P CNX Nifty gained 9.30 points or 0.17% to settle at 5635.90. The index touched high and low of 5649.20 and
5623.45 respectively. 31 stocks advanced against 18 declining ones on the index.
Sensex Nifty
The BSE Mid-cap index moved up to 6663.34 and gained 1.00% while Small-cap index jumped up by 0.85% to
7117.40.
The broader BSE 500 index increased to 7184.91 (up 0.46%) and S&P CNX 500 index rose to 4493.60 (up 0.43%).
The volatility as denoted by INDIA VIX lost 0.07% at 14.67 from its previous close of 14.68 on Friday.
Sectors in action
On the BSE Sectorial front, Information Technology (up 1.24%), Consumer Durables (up 1.20%) and Metals (up
0.98%) were the top gainers.
Banks (down 0.30%), Automobile (down 0.30%) and Oil & Gas (down 0.24%) were the top losers.
The Angels and the Devils
Wipro Ltd (up 2.50%), Sterlite Industries (India) Ltd (up 2.23%), Tata Steel Ltd (up 1.96%), Infosys Ltd (up 1.71%) and
Bharti Airtel Ltd (up 1.62%) were the top gainers on the Sensex.
Mahindra and Mahindra Ltd (down 3.37%), Sun Pharmaceutical Industries Ltd (down 1.60%), Bharat Heavy Electricals
Ltd (down 1.40%), HDFC Bank (down 1.07%) and GAIL (India) Ltd (down 0.81%) were the top losers on the Sensex.
Benchmark Drivers
Infosys Ltd (23.58 points), Mahindra and Mahindra Ltd (-17.62 points), HDFC Bank (-16.08 points), Larsen And Toubro
Ltd (13.29 points) and Hindustan Unilever Ltd (9.45 points) were the major Sensex drivers today.
On the other end Infosys Ltd (5.84 points), HDFC Bank (-4.45 points), Mahindra and Mahindra Ltd (-4.42 points),
Larsen And Toubro Ltd (3.85 points) and ICICI Bank (-2.35 points) were the major Nifty movers today.
Pivot, Supports and Resistance Levels
S&P CNX Nifty is now pivoted at 5636 for next session. The next support is at 5623 and on upside it has a resistance
at 5649 levels.
S&P CNX Nifty
Eff. Date S3 S2 S1 PIVOT R1 R2 R3 Actual Close
27-Nov-2012 5597 5610 5623 5636 5649 5662 5675 -
26-Nov-2012 5557 5575 5601 5619 5645 5664 5689 5635.90

2. 23-Nov-2012 5574 5591 5609 5626 5645 5662 5680 5626.60
Sensex has a pivot at 18545 with first level of support and resistance at 18500 and 18582 respectively.
Sensex
Eff. Date S3 S2 S1 PIVOT R1 R2 R3 Actual Close
27-Nov-2012 18419 18464 18500 18545 18582 18627 18664 -
26-Nov-2012 18266 18334 18420 18488 18575 18643 18729 18537.01
23-Nov-2012 18348 18402 18460 18514 18571 18625 18683 18506.57
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