- The Sensex surged 150 points and the Nifty gained 46.75 points following positive July trade data and the RBI's decision to sell government bonds to support the rupee. - Exports in July rose 11.64% while imports dropped 6.2%, reducing the trade deficit. - Several stocks gained, such as Sun Pharma, Tech Mahindra, and Aurobindo Pharma, after reporting higher quarterly profits, while SBI fell on lower quarterly profits. - Metals and healthcare sectors saw the biggest gains while banks and oil & gas declined.

1. Sensex surges 150 points on RBI's bond selling move
Market Summary
12-Aug-2013
Following a marginal positive start despite jittery global cues, Indian indices traded jubilantly as sentiments got boost
after positive July trade data and RBI’s bonds selling move to support Rupee. Sensex made a high above 19K
milestone and Nifty surpassed 5600. Markets ended in positive terrain with both the key benchmarks gaining in excess
of 0.8%.
On global front, US and European indices sank in red zone. On the other hand, Asian indices were mostly in green.
On Friday, Central bank announced some new measures to curb Rupee by making it expensive to hoard dollars using
borrowed money. RBI will sell Government bonds worth Rs 22000 crore every Monday to reduce rupee supply and
thereby supporting INR prices in foreign exchange market. As per RBI reference rate Rupee is at 60.80 per USD.
Snapping two consecutive monthly fall, Exports in July rose 11.64% to $25.83 billion on growing demands fromAfrica,
Asian and Far East regions. On the other hand, Imports also dropped 6.2% to $38.1 billion during the month which
resulted in reduced trade deficit of $12.2 billion as against $17.47 billion in same month of previous year.
Biocon jumped 1.89% and made fresh 52 week high at Rs 350.5 on BSE on launching its ‘first in class’ novel biologic
ALZUMAb (Itolizumab) for treating patients with chronic plaque psoriasis in India. (Read More)
McNally Bharat Engineering Company spiked 6.15% on BSE on bagging orders for Civil Construction Work for a
Cement Plant worth Rs 156.69 crore. (Read More)
Key Quarterly Results
Leading public sector lender, State Bank of India (SBI) plunged 3.41% and hit new 52 week low at Rs 1575 on BSE
due to a fall of 13.61% in Q1FY14 Net at Rs 3241.08 crore as compared to Rs 3751.56 crore year on year. On the
consolidated basis, the group’s Net registered 11.82% decline at Rs 4298.56 crore for the quarter as compared to Rs
4874.70 crore for the same quarter in the previous year. (Result)
Cipla gained 1.05% on BSE after company’s Q1Net rose 18.50% to Rs 474.90 crore as compared to Rs 400.76 crore
for the same quarter in the previous year. On the consolidated basis, the group’s Net grew 10.28% to Rs 485.35 crore
for the quarter as compared to Rs 440.10 crore year on year. (Featured Result)
Sun Pharma soared 6.60% on BSE despite posting a steep fall of 84.38% in Q1 Net at Rs 45.70 crore as against Rs
292.63 crore year on year. On consolidated basis, company reported a Net loss of Rs 1276.10 crore as compared Net
profit of Rs 795.55 core for the same quarter of previous year. (Featured Result)
State owned, Neyveli Lignite Corporation’s Q1 Net dipped marginally by 3.48% to Rs 278.43 crore as compared to Rs
288.47 crore for the same quarter in the previous year. The stock ended 0.54% up on BSE. (Result)
IT major, Tech Mahindra jumped 1.71% and hit fresh 52 week high at Rs 1291.80 on BSE as company’s Net surged
257.53% to Rs 598.8 crores in Q1FY14. Total income of company stood at 3714.17 crore for the quarter. On
consolidated basis, Net rose 8.9% to Rs 4103 crore QoQ. (Result)
Pharmaceutical major, Aurobindo Pharma spurted 12.20% on BSE as company’s Board nodded to acquire 60% stake
in Celon Laboratories’ manufacturing facility. Company also reported a Net profit of Rs 143.63 crore in Q1FY14 as
compared to a Net loss of Rs 49.84 crore for the same quarter in the previous year. (Result)
The market breadth on the BSE closed in positive. Advancing and declining stocks were 1474 and 857 respectively,
while 118 scrips remained unmoved.
The S&P BSE Sensex ended at 18946.98, up 157.64 points or 0.84%. The 30 share index touched a high and a low
of 19066.97 and 18796.01 respectively. 20 stocks advanced against 10 declining ones on the benchmark index.
The CNX Nifty gained 46.75 points or 0.84% to settle at 5612.40. The index touched high and low of 5644.10 and
5557.10 respectively. 33 stocks advanced against 17 declining ones on the index.
S&P BSE Sensex CNX Nifty
The S&P BSE Mid-cap index moved up to 5492.25 and gained 1.54% while S&P BSE Small-cap index jumped up by

2. The S&P BSE Mid-cap index moved up to 5492.25 and gained 1.54% while S&P BSE Small-cap index jumped up by
1.56% to 5315.98.
The broader S&P BSE 500 index increased to 6853.27 (up 1.01%) and CNX 500 index rose to 4293.20 (up 1.01%).
The volatility as denoted by INDIA VIX gained 0.42% at 21.28 from its previous close of 21.19 on Thursday.
Sectors in action
On the BSE Sectorial front, Metals (up 4.52%), FMCG (up 2.30%) and Healthcare (up 2.00%) were the top gainers.
Banks (down 1.07%) and Oil & Gas (down 0.51%) were the top losers.
The Angels and the Devils
Jindal Steel and Power Ltd (up 9.43%), Tata Steel Ltd (up 8.29%), Sun Pharmaceutical Industries Ltd (up 6.60%),
Housing Development Finance Corporation Ltd (up 3.23%) and ITC Ltd (up 3.16%) were the top gainers on the
Sensex.
State Bank of India (down 3.41%), Tata Power Company Ltd (down 3.28%), Reliance Industries Ltd (down 2.33%), Dr.
Reddys Laboratories Ltd (down 1.75%) and Tata Consultancy Services Ltd (down 1.70%) were the top losers on the
Sensex.
Benchmark Drivers
ITC Ltd (67.23 points), Reliance Industries Ltd (-42.23 points), Housing Development Finance Corporation Ltd (41.90
points), Sun Pharmaceutical Industries Ltd (32.70 points) and Infosys Ltd (25.43 points) were the major Sensex drivers
today.
On the other end ITC Ltd (17.09 points), Reliance Industries Ltd (-10.66 points), Housing Development Finance
Corporation Ltd (10.10 points), Sun Pharmaceutical Industries Ltd (8.95 points) and Infosys Ltd (5.98 points) were the
major Nifty movers today.
Pivot, Supports and Resistance Levels
CNX Nifty is now pivoted at 5605 for next session. The next support is at 5565 and on upside it has a resistance at
5652 levels.
CNX Nifty
Eff. Date S 3 S 2 S 1 PIVOT R 1 R 2 R 3 Actual Close
13-Aug-2013 5478 5518 5565 5605 5652 5692 5739 -
12-Aug-2013 5457 5484 5525 5551 5592 5619 5660 5612.40
08-Aug-2013 5409 5448 5483 5522 5558 5597 5633 5565.65
S&P BSE Sensex has a pivot at 18937 with first level of support and resistance at 18806 and 19077 respectively.
S&P BSE Sensex
Eff. Date S 3 S 2 S 1 PIVOT R 1 R 2 R 3 Actual Close
13-Aug-2013 18535 18666 18806 18937 19077 19208 19348 -
12-Aug-2013 18457 18539 18664 18747 18872 18954 19079 18946.98
08-Aug-2013 18280 18416 18540 18676 18800 18936 19061 18789.34

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