After yesterday’s fall, markets bounced today back with a gap up start on positive regional cues. Weak European cues later, dragged the markets from intraday highs to close with modest gains of about 0.5%. Emkay Global Financial Services has continued its downward journey and hit the lower circuit of 10% yet again for the third straight day.

1. Choppy markets end in green..Nifty regains 5700
Market Summary
09-Oct-2012
After yesterday’s fall, markets bounced today back with a gap up start on positive regional cues. Weak European cues later,
dragged the markets from intraday highs to close with modest gains of about 0.5%. Emkay Global Financial Services has continued
its downward journey and hit the lower circuit of 10% yet again for the third straight day.
Meanwhile, overseas direct investment (ODIs) by Indian companies fell by 30 per cent to $1.36 billion in September 2012 over the
previous month, both under the automatic route and the approval route. As per the RBI’s data the domestic firms invested a sum
of $1.95 billion in August. (News)
Back to markets, the market breadth on the BSE closed in positive. Advancing and declining stocks were 1540 and 1319 respectively,
while 153 scrips remained unmoved.
The BSE Sensex ended at 18793.36, up 84.38 points or 0.45%. The 30 share index touched a high and a low of 18885.84 and
18722.05 respectively. 19 stocks advanced against 11 declining ones on the benchmark index.
The S&P CNX Nifty gained 28.60 points or 0.50% to settle at 5704.60. The index touched high and low of 5728.65 and 5677.90
respectively. 31 stocks advanced against 19 declining ones on the index.
Sensex Nifty
The BSE Mid-cap index moved up to 6680.80 and gained 0.47% while Small-cap index jumped up by 0.33% to 7157.38.
The broader BSE 500 index increased to 7239.27 (up 0.49%) and S&P CNX 500 index rose to 4523.25 (up 0.52%).
The volatility as denoted by INDIA VIX lost 2.15% at 16.80 from its previous close of 17.17 on Monday.
Sectors in action
On the BSE Sectorial front, Consumer Durables (up 1.47%), Healthcare (up 1.14%) and Information Technology (up 1.10%) were the
top gainers.
Oil & Gas (down 0.45%), Power (down 0.08%) and Automobile (down 0.04%) were the top losers.
The Angels and the Devils
Larsen And T oubro Limited (up 2.06%), Infosys Limited (up 1.85%), Sun Pharmaceutical Industries Limited (up 1.62%), Sterlite
Industries (India) Limited (up 1.59%) and Hindustan Unilever Limited (up 1.46%) were the top gainers on the Sensex.
GAIL (India) Limited (down 2.77%), Bharti Airtel Limited (down 1.83%), Hindalco Industries Ltd. (down 1.62%), Bharat Heavy
Electricals Limited (down 1.52%) and Tata Motors Limited (down 0.95%) were the top losers on the Sensex.
Benchmark Drivers
Infosys Limited (26.75 points), Larsen And Toubro Limited (21.59 points), ICICI Bank (16.39 points), ITC Limited (13.03 points) and
HDFC Bank (10.79 points) were the major Sensex drivers today.
On the other end Infosys Limited (6.26 points), Larsen And Toubro Limited (5.69 points), ITC Limited (5.17 points), ICICI Bank (3.86
points) and HDFC Bank (3.03 points) were the major Nifty movers today.
Pivot, Supports and Resistance Levels
S&P CNX Nifty is now pivoted at 5704 for next session. The next support is at 5679 and on upside it has a resistance at 5730 levels.
S&P CNX Nifty
Eff. Date S3 S2 S1 PIVOT R1 R2 R3 Actual Close
10-Oct- 5628 5653 5679 5704 5730 5754 5780 -
2012
09-Oct-
5559 5612 5644 5698 5730 5784 5815 5704.60
2012
08-Oct-
4224 4556 5152 5484 6079 6411 7006 5676.00
2012
Sensex has a pivot at 18800 with first level of support and resistance at 18715 and 18879 respectively.
Sensex
Eff. Date S3 S2 S1 PIVOT R1 R2 R3 Actual Close
10-Oct- 18551 18637 18715 18800 18879 18964 19043 -
2012
09-Oct-

2. 09-Oct-
18551 18669 18734 18851 18917 19034 19099 18793.36
2012
08-Oct- 18371 18564 18751 18944 19131 19324 19511 18708.98
2012
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