The Indian markets closed higher on the last day of the Samvat Year 2070, with the Sensex gaining 0.8% and the Nifty climbing 0.86%. Most sectors were in the green led by automobiles, capital goods and healthcare. Key stocks like HDFC Bank, JSW Steel and Kotak Mahindra Bank saw their quarterly profits rise while Havells India's profits declined. The broader markets also ended higher on sustained buying ahead of Diwali.

1. Sensex jumps 0.8% on last day of Samvat Year 2070
Market Snapshot | 22-10-2014 04:20 PM
On the last trading session of the Samvat Year 2070, Indian markets made a gap up open buoyed by positive global
cues. Bulls retained their hold on D-Street on sustained buying by funds and retail investors ahead of the auspicious
occasion of Diwali. Both barometer gauges moved nearly 0.8% to settle in green.
The S&P BSE Sensex ended at 26787.23, up 211.58 points or 0.80%. The 30 share index touched a high and a low
of 26818.33 and 26712.21 respectively. 21 stocks advanced against 9 declining ones on the benchmark index.
The CNX Nifty gained 68.15 points or 0.86% to settle at 7995.90. The index touched high and low of 8005.00 and
7974.55 respectively. 37 stocks advanced against 13 declining ones on the index.
The market breadth on the BSE closed in positive. Advancing and declining stocks were 1882 and 1078 respectively,
while 126 scrips remained unmoved
S&P BSE Sensex CNX Nifty
The S&P BSE Mid-cap index moved up to 9575.83 and gained 1.21% while S&P BSE Small-cap index jumped up by
1.17% to 10504.15.
The broader S&P BSE 500 index increased to 10206.95 (up 0.92%) and CNX 500 index rose to 6436.55 (up 0.92%).
The volatility as denoted by INDIA VIX lost 2.25% at 13.03 from its previous close of 13.33 on Tuesday.
Among global peers, US markets ended higher amidst upbeat quarterly results from Apple and talk of economic
stimulus in Europe. Asian markets too traded in green zone whereas European markets were exhibiting mixed trades.
Sectors in action
On the BSE Sectorial front, Automobile (up 2.97%), Capital Goods (up 2.08%) and Healthcare (up 1.67%) were the top
gainers
There was no loser on BSE Sectorial front.
Key Quarterly Results
HDFC Bank Q2 Net climbed to Rs 2381.46 crore as compared to Rs 1982.32 crore for the same quarter in the
previous year. The stock ended marginally down on BSE.
JSW Steel gained 2% on BSE after recording over 7-fold spurt in Q2FY15 Net at Rs 761.69 crore as compared to Rs
101.25 crore for the same quarter in the previous year. On consolidated basis, company’s Net profit stood at Rs
748.76 crore against a Net loss of Rs 115.55 crore in Q2FY14.
Biocon ended marginally down after its Q2FY15 consolidated Net slipped 0.09% to Rs 102.05 crore as compared to
Rs 102.15 crore in the same quarter previous year. However, its standalone Net recorded a steep rise of 90.23% in
the quarter at Rs 181.52 crore as compared to Rs 95.42 crore in Q2FY14.
Havells India plunged 3.43% on BSE after its Q2 Net fell 4.86% to Rs 119.61 crore as compared to Rs 125.72 crore for
the same quarter in the previous year.
Kotak Mahindra Bank climbed 5% on BSE after its Q2 Net jumped 26.09% to Rs 444.52 crore as compared to Rs
352.54 crore for the same quarter in the previous year.
Dewan Housing Finance Corporation rallied 8.5% on BSE after its September quarter Net spiked 17.85% at Rs 152.19
crore as compared to Rs 129.13 crore for the same quarter in the previous year.
The Angels and the Devils
Hero MotoCorp Ltd (up 4.03%), Tata Motors Ltd (up 3.54%), Maruti Suzuki India Ltd (up 3.44%), Bajaj Auto Ltd (up
3.43%) and Cipla Ltd (up 3.43%) were the top gainers on the Sensex.
Oil and Natural Gas Corporation Ltd (down 1.97%), ITC Ltd (down 0.65%), Coal India Ltd (down 0.58%), NTPC Ltd

2. Oil and Natural Gas Corporation Ltd (down 1.97%), ITC Ltd (down 0.65%), Coal India Ltd (down 0.58%), NTPC Ltd
(down 0.58%) and ICICI Bank (down 0.43%) were the top losers on the Sensex.
Benchmark Drivers
Larsen And Toubro Ltd (37.56 points), Tata Motors Ltd (36.31 points), Reliance Industries Ltd (34.37 points), Maruti
Suzuki India Ltd (18.38 points) and Mahindra and Mahindra Ltd (16.98 points) were the major Sensex drivers today.
On the other end Larsen And Toubro Ltd (10.11 points), Tata Motors Ltd (9.13 points), Reliance Industries Ltd (8.41
points), Kotak Mahindra Bank Ltd (6.06 points) and Maruti Suzuki India Ltd (4.45 points) were the major Nifty movers
today.
Pivot, Supports and Resistance Levels
CNX Nifty is now pivoted at 7992 for next session. The next support is at 7979 and on upside it has a resistance at
8009 levels.
CCNNXX NNiiffttyy
EEffff.. DDaattee SS 33 SS 22 SS 11 PPIIVVOOTT RR 11 RR 22 RR 33 AAccttuuaall CClloossee
27-Oct-2014 7948 7961 7979 7992 8009 8022 8040 -
22-Oct-2014 7827 7851 7889 7913 7951 7975 8014 7995.90
21-Oct-2014 7807 7832 7856 7881 7905 7930 7954 7927.75
S&P BSE Sensex has a pivot at 26773 with first level of support and resistance at 26727 and 26833 respectively.
SS&&PP BBSSEE SSeennsseexx
EEffff.. DDaattee SS 33 SS 22 SS 11 PPIIVVOOTT RR 11 RR 22 RR 33 AAccttuuaall CClloossee
27-Oct-2014 26621 26666 26727 26773 26833 26879 26939 -
22-Oct-2014 26242 26324 26450 26533 26658 26741 26867 26787.23
21-Oct-2014 26211 26290 26360 26439 26509 26588 26658 26575.65
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