Indian equity markets declined with the Nifty down 0.40% and Sensex down 0.48%, as uncertainties over retail FDI votes and global market pressures affected sentiment. Major stocks saw mixed performance, with Maruti Suzuki rising due to expected price hikes, while bank stocks fell after recent gains. The overall market remained negative, leading to a recommendation for investors to consolidate positions and manage risks carefully.

1. HEADLINES
 Indian Market
Indian equity markets down by 0.40%
Nifty down by 23.50 pts and settle at
5907.40
Sensex down by 62.70 pts at 19424.10
Bank Nifty down by 63.85 pts at
12363.70
DAILY EQUITY  Global Market
NEWSLETTER European markets were down with FTSE
TH down by 4.94 pts at 5896.48 ,CAC down
10 DECEMBER 2012
by 1.76 pts 3599.89 and DAX down by
5.93 pts at 7528.61
Dow future down by 11.00 pts at
13052.00
 HEADLINES
• USL-Diageo to divest stake in Whyte &
Mackay: Sources
• Expect H2 GDP growth to be better than
5.4% in H1
• GMR row: India puts on hold Rs 250cr
loan to Maldives
• Liquidity deficit within comfort zone:
RBI's Gokarn
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2.  MARKET ANALYSIS:
 Key benchmark indices trimmed losses after sliding to intraday low in late trade as the UPA
government won the vote on FDI in multi-brand retail in the Rajya Sabha. The market breadth,
indicating the overall health of the market, was negative.
 the BSE Sensex was down 94.10 points or 0.48% to 19,392.70.
 The S&P CNX Nifty was down 23.50 points or 0.40% to 5,907.40.
 From the 30-share Sensex pack, 20 stocks fell while the rest of them rose.
 Small car maker Maruti Suzuki India surged 2.08% to Rs 1,512 after striking a 52-week high of Rs
1,537 in intraday trade today, 7 December 2012. The car major will reportedly raise prices of cars by
up to Rs 20,000 from January 2013 to counter currency fluctuations. Bank stocks declined after recent
gains. India's second largest private sector bank by net profit HDFC Bank slipped 0.36% to Rs 691.50.
ICICI Bank fell 0.53% to Rs 1,129. Private sector Axis Bank dropped 3.03% to Rs 1,323.95. State-run
Oriental Bank of Commerce (OBC) shed 1.69%.
STOCKS TO WATCH
 FII’s and DII’s  HCL TECHNOLOGIES
CATEGORY DATE BUY SELL NET  APTECH
FII 7-Dec-12 2854.32 2206.27 648.05  JAIN IRRIGATION
 JP ASSOCIATE
DII 7-Dec-12 1034.47 1832.95 -798.48
SCRIPS IN BAN PERIOD
 NIFTY DAILY PIVOTS  SUZLON
PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4
NIFTY 6097 6036 5975 5941 5914 5880 5853 5792 5731
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3. .
 GAINERS AND LOOSERS
EXPERT OPINION
NIFTY
DAILY NIFTY GAINERS
 Nifty looks Consolidate
SCRIPS RATE VOL. PR. NET %  Strategy: Sell on rise
(000) CLOSE CHAN CHANG
GE E  Support: 5870
Maruti  Resistance: 5950
1509.95 1272.13 1482.55 27.40 1.85
Suzuki
BANK NIFTY
M&M 939.20 1317.30 928.85 10.35 1.11
 Bank Nifty looks Consolidate
Tata
109.80 3767.00 108.75 1.05 0.97  Strategy: Sell on rise
Power
Bank Of  Support: 12290
798.20 608.87 791.30 6.90 0.87
Baroda
 Resistance: 12420
Hindalco 123.80 6208.97 122.90 0.90 0.73
 .0
PREVIOUS PERFORMANCE
DAILY NIFTY LOOSERS TYPE SCRIP B/S RESULT
SCRIPS RATE VOL. PR. NET %
JAIN
(000) CLOSE CHAN CHA CASH B SL TRIGGERED
IRRIGATION
GE NGE HINDUSTAN NOT
CASH S
PETROLEUM EXECUTED
DLF 220.20 11146.11 226.65 -6.45 -2.85 JP TGT
FUTURE B
ASSOCIATE ACHEIVED
Axis Bank 1328.75 2048.74 1364.10 -35.35 -2.59
BHARTI
FUTURE S SL TRIGGERED
AIRTEL
Sesa Goa 187.80 1539.24 192.00 -4.20 -2.19
HCL Tech. 614.05 1285.20 625.45 -11.40 -1.82
Tata
394.25 3525.54 399.80 -5.55 -1.39
Steel
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4. MARKET CALLS
CASH
ST ND
SCRIPS ACTION LEVEL 1 TARGET 2 TARGET STOP LOSS
JAIN IRRIGATION BUY 73.60 74.20 74.90 73.00
HCL SELL 613.40 611.00 608.40 615.80
FUTURE
ST ND
SCRIPS ACTION LEVEL 1 TARGET 2 TARGET STOP LOSS
.
JP ASSOCIATE BUY 105.20 105.70 106.40 104.70
MCLEOD RUSSEL BUY 369.20 371.20 373.70 367.20
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