Following a positive start on global cues, markets retreated during afternoon session on profit booking and drifted in red before ending flat. The market breadth on the BSE closed in negative. Advancing and declining stocks were 1150 and 1766 respectively, while 136 scrips remained unmoved.

1. Retreating from 52 week highs, markets end in marginal losses
Market Summary
11-Dec-2012
Following a positive start on global cues, markets retreated during afternoon session on profit booking and drifted in
red before ending flat.
Public Issues:
IPO market is back in action. Rs. 504 crore CARE Ratings IPO subscribed 2.25 times (1.79 times in retail) on day 2.
The issue will close today for subscription.
Rs. 564 crore PC Jeweller IPO subscribed 0.06 times (0.09 times in retail) on day 1. The Issue will close on 12th Dec
for subscription.
Rs. 4000 crore Bharti Infratel Ltd IPO has also started today for subscription. The issue will close on 14th December.
Country’s largest iron ore miner, National Mineral Development Corporation (NMDC) Offer for Sale (OFS) will open on
Dec 13th. The government fixed the issue price band for the upcoming 10% stake sale at Rs 145-150 crore that could
garner a maximum of Rs 5,947 crore to the exchequer as part of its Rs 30,000 crore disinvestment plan for the current
fiscal. NMDC stock surged 3% on both the key indices. (News)
Back to markets, the market breadth on the BSE closed in negative. Advancing and declining stocks were 1150 and
1766 respectively, while 136 scrips remained unmoved.
The BSE Sensex ended at 19387.14, down 22.55 points or 0.12%. The 30 share index touched a high and a low of
19612.18 and 19285.29 respectively. 10 stocks advanced against 20 declining ones on the benchmark index.
The S&P CNX Nifty lost 10.10 points or 0.17% to settle at 5898.80. The index touched high and low of 5965.15 and
5865.45 respectively. 19 stocks advanced against 31 declining ones on the index.
Sensex Nifty
The BSE Mid-cap index moved down to 7034.90 and lost 1.15% while Small-cap index hammered down by 0.91% to
7402.10.
The broader BSE 500 index decreased to 7535.92 (down 0.30%) and S&P CNX 500 index declined to 4716.25 (down
0.33%).
The volatility as denoted by INDIA VIX gained 1.10% at 14.67 from its previous close of 14.51 on Monday.
Sectors in action
On the BSE Sectorial front, FMCG (up 1.00%) was the top gainer.
Real Estate (down 1.96%), Power (down 1.05%) and Oil & Gas (down 0.89%) were the top losers.
The Angels and the Devils
Jindal Steel and Power Ltd (up 2.54%), Bajaj Auto Ltd (up 2.28%), Hindustan Unilever Ltd (up 2.08%), Sun
Pharmaceutical Industries Ltd (up 1.77%) and Housing Development Finance Corporation Ltd (up 1.29%) were the top
gainers on the Sensex.
Bharat Heavy Electricals Ltd (down 2.59%), Hindalco Industries Ltd (down 2.40%), NTPC Ltd (down 1.66%), Coal
India Ltd (down 1.55%) and Tata Power Company Ltd (down 1.51%) were the top losers on the Sensex.
Benchmark Drivers
Housing Development Finance Corporation Ltd (19.40 points), Reliance Industries Ltd (-16.66 points), ITC Ltd (14.72
points), Hindustan Unilever Ltd (14.28 points) and Tata Consultancy Services Ltd (-11.04 points) were the major
Sensex drivers today.
On the other end Reliance Industries Ltd (-4.41 points), Housing Development Finance Corporation Ltd (4.01 points),
Hindustan Unilever Ltd (3.26 points), Tata Consultancy Services Ltd (-3.08 points) and Infosys Ltd (-2.86 points) were

2. Hindustan Unilever Ltd (3.26 points), Tata Consultancy Services Ltd (-3.08 points) and Infosys Ltd (-2.86 points) were
the major Nifty movers today.
Pivot, Supports and Resistance Levels
S&P CNX Nifty is now pivoted at 5910 for next session. The next support is at 5854 and on upside it has a resistance
at 5954 levels.
S&P CNX Nifty
Eff. Date S3 S2 S1 PIVOT R1 R2 R3 Actual Close
12-Dec-2012 5755 5810 5854 5910 5954 6010 6054 -
11-Dec-2012 5860 5874 5891 5906 5923 5938 5955 5898.80
10-Dec-2012 5820 5854 5881 5915 5942 5976 6003 5908.90
Sensex has a pivot at 19428 with first level of support and resistance at 19244 and 19571 respectively.
Sensex
Eff. Date S3 S2 S1 PIVOT R1 R2 R3 Actual Close
12-Dec-2012 18917 19101 19244 19428 19571 19755 19898 -
11-Dec-2012 19240 19301 19355 19417 19471 19532 19587 19387.14
10-Dec-2012 19139 19251 19338 19450 19536 19648 19735 19409.69
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