Tracking positive global cues, Indian benchmarks inched higher in morning deals with Sensex gaining a ton. Markets pared gains later and traded range bound. Sensex finally closed above 20200 whereas Nifty ended at 6170. Realty sector topped the charts among sectorial gainers.

1. Bulls take a breather as rangebound Sensex ends flat
Market Summary
16-May-2013
Tracking positive global cues, Indian benchmarks inched higher in morning deals with Sensex gaining a ton. Markets
pared gains later and traded range bound. Sensex finally closed above 20200 whereas Nifty ended at 6170. Realty
sector topped the charts among sectorial gainers.
Shares of Apollo Hospitals Enterprise Ltd, Oil India, GlaxoSmithKline Consumer Healthcare and Wockhardt surged
8.51%, 3.10%, 7.66% and 1.06% respectively as Morgan Stanley Composite Index (MSCI) India announced to include
these companies in the index w.e.f. May 31. (What’s Hot)
Goa Carbon Ltd rallied 14.92% on BSE with heavy volumes. The stock had a total volume of 323206 shares.
Key Quarterly Result
Bajaj Auto ended 0.77% down on BSE after posting 0.9% decline in Q4 net profit at Rs 765 crore. (News)
Adani Ports and Special Economic Zone spurted 6.34% on BSE as the company reported 3 fold growth in its
consolidated Q4 net at Rs 710.31 crore. On standalone basis the company reported 44.82% rise in its net profit at Rs
490.77 crore. (Featured Result)
Bajaj Finserv plunged 4.17% on BSE as it reported a net loss of Rs 17.28 crore in Q4. (News)
Credit Analysis and Research Ltd (CARE) gained 2.92% as the company has reported a net profit of Rs 35.61 in
March Quarter.
Jammu & Kashmir Bank dived 2.02% on BSE despite posting a rise of 20.16% in Q4 net profit at Rs 250.08 crore.
(Result)
TTK Prestige jumped 2.25% after posting a rise of 42% in its net profit at Rs 28.03 crore in Q4. (Result)
The market breadth on the BSE closed in negative. Advancing and declining stocks were 988 and 1068 respectively,
while 104 scrips remained unmoved.
The S&P BSE Sensex ended at 20247.33, up 34.37 points or 0.17%. The 30 share index touched a high and a low of
20326.48 and 20162.12 respectively. 14 stocks advanced against 16 declining ones on the benchmark index.
The CNX Nifty gained 23.15 points or 0.38% to settle at 6169.90. The index touched high and low of 6187.30 and
6128.25 respectively. 30 stocks advanced against 20 declining ones on the index.
S&P BSE Sensex CNX Nifty
The S&P BSE Mid-cap index moved up to 6592.21 and gained 0.42% while S&P BSE Small-cap index jumped up by
0.23% to 6190.94.
The broader S&P BSE 500 index increased to 7673.00 (up 0.39%) and CNX 500 index rose to 4830.25 (up 0.40%).
The volatility as denoted by INDIA VIX lost 2.15% at 17.74 from its previous close of 18.13 on Wednesday.
Sectors in action
On the BSE Sectorial front, Real Estate (up 1.81%), Oil & Gas (up 1.64%) and Healthcare (up 1.53%) were the top
gainers.
FMCG (down 1.06%), Information Technology (down 0.99%) and Automobile (down 0.60%) were the top losers.
The Angels and the Devils
Hindalco Industries Ltd (up 2.68%), Cipla Ltd (up 2.62%), Reliance Industries Ltd (up 2.61%), Dr. Reddys Laboratories
Ltd (up 2.48%) and Sterlite Industries (India) Ltd (up 2.07%) were the top gainers on the Sensex.
ITC Ltd (down 1.71%), Tata Motors Ltd (down 1.69%), Jindal Steel and Power Ltd (down 1.33%), Infosys Ltd (down

2. ITC Ltd (down 1.71%), Tata Motors Ltd (down 1.69%), Jindal Steel and Power Ltd (down 1.33%), Infosys Ltd (down
1.19%) and Tata Consultancy Services Ltd (down 1.02%) were the top losers on the Sensex.
Benchmark Drivers
Reliance Industries Ltd (45.21 points), ITC Ltd (-38.39 points), ICICI Bank (18.87 points), HDFC Bank (17.90 points)
and Infosys Ltd (-16.29 points) were the major Sensex drivers today.
On the other end Reliance Industries Ltd (11.56 points), ITC Ltd (-9.02 points), ICICI Bank (5.62 points), HDFC Bank
(4.54 points) and Infosys Ltd (-4.08 points) were the major Nifty movers today.
Pivot, Supports and Resistance Levels
CNX Nifty is now pivoted at 6162 for next session. The next support is at 6136 and on upside it has a resistance at
6195 levels.
CNX Nifty
Eff. Date S 3 S 2 S 1 PIVOT R 1 R 2 R 3 Actual Close
17-May-2013 6077 6103 6136 6162 6195 6221 6254 -
16-May-2013 5920 5969 6058 6108 6196 6246 6335 6169.90
15-May-2013 5912 5941 5968 5997 6024 6053 6081 6146.75
S&P BSE Sensex has a pivot at 20245 with first level of support and resistance at 20164 and 20328 respectively.
S&P BSE Sensex
Eff. Date S 3 S 2 S 1 PIVOT R 1 R 2 R 3 Actual Close
17-May-2013 20000 20081 20164 20245 20328 20410 20493 -
16-May-2013 19483 19641 19927 20084 20371 20528 20814 20247.33
15-May-2013 19460 19556 19639 19736 19818 19915 19998 20212.96
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