Halting the 2-day northward journey, Indian indices started on a cautious note and traded mostly in negative zone. Markets ended marginally in red with Nifty above 6200 mark. On sectorial front, Power was the top gainer whereas Consumer Durables topped the losers.

1. Markets end marginally in red; Nifty stays above 6200 mark
Market Summary
22-Oct-2013
Halting the 2-day northward journey, Indian indices started on a cautious note and traded mostly in negative zone.
Markets ended marginally in red with Nifty above 6200 mark. On sectorial front, Power was the top gainer whereas
Consumer Durables topped the losers.
Among global peers, US indices managed a green closing ahead of the monthly jobs data. Asian and European
markets traded on a mixed note.
Back home, Indiabulls Real Estate jumped 2.5% on BSE after company’s Net rallied 109% in Q2 at Rs 82.1 crore as
compared to Rs 39.3 crore for the same quarter in the previous year. On consolidated basis, the company’s net rose
over two and half fold at Rs 81.20 crore against Rs 32.24 crore in the second quarter of previous fiscal. (Featured
Result)
Yes Bank shined 3.85% on BSE after company's Net rose 21.25% in Q2 at Rs 371 crore as against 306 crore for the
same quarter in the previous year. (Result)
Karnataka Bank tanked 5.1% on BSE on posting steep fall of 75.30% in Q2FY14 Net at Rs 29 crore as compared to
Rs 117.2 crore for the same quarter in the previous year. Gross non-performing assets (NPAs) have increased to 3.6%
in the September quarter as against 3.22% in the same quarter previous year. (Result)
JK Lakshmi Cement tumbled 3.5% on BSE on reporting 79.75% fall in Q2 Net at Rs 10.30 crore for the quarter as
compared to Rs 50.88 crore for the same quarter in the previous year. (Result)
Rallis India gained 1.7% on BSE on reporting 22.25% growth in Q2 Net at Rs 80.3 crore as compared to Rs 65.7
crore for the same quarter in the previous year. On consolidated basis, the company’s net grew 21.43% at Rs 74.75
crore for the quarter as against Rs 61.56 crore. (Read More)
The market breadth on the BSE closed in positive. Advancing and declining stocks were 1536 and 1073 respectively,
while 147 scrips remained unmoved.
The S&P BSE Sensex ended at 20864.97, down 28.92 points or 0.14%. The 30 share index touched a high and a
low of 20948.91 and 20810.25 respectively. 14 stocks advanced against 15 declining ones on the benchmark index.
The CNX Nifty lost 2.15 points or 0.03% to settle at 6202.80. The index touched high and low of 6220.10 and 6181.80
respectively. 25 stocks advanced against 25 declining ones on the index.
S&P BSE Sensex
CNX Nifty
The S&P BSE Mid-cap index moved up to 5987.79 and gained 0.70% while S&P BSE Small-cap index jumped up by
1.04% to 5871.38.
The broader S&P BSE 500 index increased to 7557.58 (up 0.17%) and CNX 500 index rose to 4738.35 (up 0.16%).
The volatility as denoted by INDIA VIX lost 1.09% at 19.96 from its previous close of 20.18 on Monday.
Sectors in action
On the BSE Sectorial front, Power (up 1.74%), Capital Goods (up 1.10%) and Information Technology (up 0.50%)
were the top gainers.
Consumer Durables (down 0.87%), Automobile (down 0.56%) and Oil & Gas (down 0.28%) were the top losers.
The Angels and the Devils
Tata Power Company Ltd (up 2.63%), Sun Pharmaceutical Industries Ltd (up 2.10%), Coal India Ltd (up 1.82%), GAIL
(India) Ltd (up 1.77%) and Wipro Ltd (up 1.67%) were the top gainers on the Sensex.
Hindalco Industries Ltd (down 1.56%), Hero MotoCorp Ltd (down 1.37%), Housing Development Finance Corporation
Ltd (down 1.29%), Mahindra and Mahindra Ltd (down 1.23%) and Reliance Industries Ltd (down 1.07%) were the top
losers on the Sensex.

2. Benchmark Drivers
Reliance Industries Ltd (-20.27 points), ITC Ltd (-18.81 points), Housing Development Finance Corporation Ltd (-18.27
points), Sun Pharmaceutical Industries Ltd (12.84 points) and Tata Consultancy Services Ltd (9.51 points) were the
major Sensex drivers today.
On the other end ITC Ltd (-5.06 points), Reliance Industries Ltd (-4.64 points), Housing Development Finance
Corporation Ltd (-4.49 points), Tata Consultancy Services Ltd (3.01 points) and Larsen And Toubro Ltd (2.38 points)
were the major Nifty movers today.
Pivot, Supports and Resistance Levels
CNX Nifty is now pivoted at 6202 for next session. The next support is at 6183 and on upside it has a resistance at
6221 levels.
CNX Nifty
Eff. Date
23-Oct-2013
22-Oct-2013
21-Oct-2013
S3
6145
6117
5976
S2
6163
6140
6023
S1
6183
6173
6106
PIVOT
6202
6196
6154
R1
6221
6228
6237
R2
6240
6251
6284
R3
6260
6284
6367
Actual Close
6202.80
6204.95
S&P BSE Sensex has a pivot at 20875 with first level of support and resistance at 20801 and 20939 respectively.
S&P BSE Sensex
Eff. Date
23-Oct-2013
22-Oct-2013
21-Oct-2013
S3
20662
20583
20157
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S2
20736
20676
20322
S1
20801
20785
20602
PIVOT
20875
20878
20767
R1
20939
20987
21048
R2
21013
21080
21213
R3
21078
21189
21493
Actual Close
20864.97
20893.89
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