After a firm opening, markets pared the early gains and traded around the previous close through most of the day before closing in green with marginal 0.2% gains. Stellar quarterly numbers by HCL Tech was the highlight of the day. DLF continued its losing streak for fourth straight session and closed 3.37% down (BSE) today.

1. Choppy markets end in green...market breadth negative
Market Summary
17-Oct-2012
After a firm opening, markets pared the early gains and traded around the previous close through most of the day
before closing in green with marginal 0.2% gains. Stellar quarterly numbers by HCL Tech was the highlight of the day.
DLF continued its losing streak for fourth straight session and closed 3.37% down (BSE) today.
Key September Quarter (SQ) Results
HCL Technologies Limited: HCL Technologies has registered a rise of 76.04% in its net profit at Rs 699.84 crore for
SQ2012 as compared to Rs 397.55 crore for the same quarter in the previous year. The stock after making a 12 year
high lost 0.68% on BSE at the close today. (Featured Result)
Crisil Limited: The company has posted a fall of 7.28% in its net profit at Rs 47.26 crore for SQ2012 as compared to
Rs 50.97 crore for the same quarter in the previous year. The stock lost 0.11% on BSE today. (News)
Mindtree Limited: The company has posted a rise of 32.97% in its net profit at Rs 72.20 crore for SQ2012 as
compared to Rs 54.30 crore for the same quarter in the previous year. The stock lost 4.23% on BSE today. (News)
Zensar Technologies Limited: The company has posted a fall of 19.68% in its net profit at Rs 32.17 crore for the
SQ2012 as compared to Rs 40.05 crore for the same quarter in the previous year. The stock lost 3.9% on BSE today.
(News)
T h e market breadth on the BSE closed in negative. Advancing and declining stocks were 1332 and 1535
respectively, while 127 scrips remained unmoved.
The BSE Sensex ended at 18610.77, up 33.07 points or 0.18%. The 30 share index touched a high and a low of
18705.19 and 18535.37 respectively. 18 stocks advanced against 12 declining ones on the benchmark index.
The S&P CNX Nifty gained 12.25 points or 0.22% to settle at 5660.25. The index touched high and low of 5684.35
and 5633.90 respectively. 30 stocks advanced against 20 declining ones on the index.
Sensex Nifty
The BSE Mid-cap index moved down to 6630.03 and lost 0.04% while Small-cap index jumped up by 0.30% to
7132.34.
The broader BSE 500 index increased to 7182.81 (up 0.15%) and S&P CNX 500 index rose to 4488.50 (up 0.18%).
The volatility as denoted by INDIA VIX lost 2.57% at 15.17 from its previous close of 15.57 on Tuesday.
Sectors in action
On the BSE Sectorial front, Consumer Durables (up 0.63%), Capital Goods (up 0.60%) and Automobile (up 0.50%)
were the top gainers.
Real Estate (down 0.62%), Oil & Gas (down 0.53%) and Metals (down 0.19%) were the top losers.
The Angels and the Devils
Tata Power Company Limited (up 2.12%), Housing Development Finance Corporation Limited (up 1.22%), Bharat
Heavy Electricals Limited (up 1.02%), Larsen And Toubro Limited (up 1.02%) and Tata Motors Limited (up 0.99%)
were the top gainers on the Sensex.
GAIL (India) Limited (down 1.98%), Tata Consultancy Services Limited (down 1.05%), Reliance Industries Limited
(down 0.97%), Sun Pharmaceutical Industries Limited (down 0.86%) and State Bank of India (down 0.64%) were the
top losers on the Sensex.
Benchmark Drivers
Reliance Industries Limited (-16.66 points), Housing Development Finance Corporation Limited (15.74 points), ITC
Limited (15.05 points), Larsen And Toubro Limited (10.76 points) and ICICI Bank (10.29 points) were the major Sensex

2. Limited (15.05 points), Larsen And Toubro Limited (10.76 points) and ICICI Bank (10.29 points) were the major Sensex
drivers today.
On the other end Reliance Industries Limited (-3.91 points), Housing Development Finance Corporation Limited (3.79
points), Larsen And Toubro Limited (3.38 points), ITC Limited (2.97 points) and Tata Consultancy Services Limited (-
2.25 points) were the major Nifty movers today.
Pivot, Supports and Resistance Levels
S&P CNX Nifty is now pivoted at 5660 for next session. The next support is at 5635 and on upside it has a resistance
at 5685 levels.
S&P CNX Nifty
Eff. Date S3 S2 S1 PIVOT R1 R2 R3 Actual Close
18-Oct-2012 5584 5609 5635 5660 5685 5710 5736 -
17-Oct-2012 5539 5587 5618 5666 5696 5744 5775 5660.25
16-Oct-2012 5618 5635 5661 5677 5704 5720 5746 5648.00
Sensex has a pivot at 18617 with first level of support and resistance at 18529 and 18699 respectively.
Sensex
Eff. Date S3 S2 S1 PIVOT R1 R2 R3 Actual Close
18-Oct-2012 18359 18447 18529 18617 18699 18787 18869 -
17-Oct-2012 18232 18391 18484 18643 18736 18895 18988 18610.77
16-Oct-2012 18502 18549 18631 18679 18761 18809 18891 18577.70
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