The Sensex gained over 300 points and closed 1.75% higher on the day of F&O expiry, amid news of a narrowed current account deficit in the March quarter. Key sectors like oil & gas, IT and healthcare gained as the CAD for January-March came in at 3.6% of GDP, lower than the previous quarter. Reliance, HDFC Bank, Infosys and TCS were among the top contributors to the gains in both the Sensex and Nifty.

1. Sensex scores triple ton on F&O expiry day amid narrowed CAD numbers
Market Summary
27-Jun-2013
Despite of yesterday’s INR crash, Indian benchmarks edged higher at open with Nifty at 5650. Markets continued the
uptrend amid narrowed CAD in March Quarter with Sensex jumping more than triple ton. Both the front-line gauges
spiked around 1.7% at close on the day of F&O expiry.
Among BSE sectorial, Oil & Gas topped the charts, jumped 3.22% as Cabinet Committee on Economic Affairs (CCEA)
will soon take a decision of natural gas price hike. (News)
On global front, US markets shined after a revision in GDP data. Going with the flow Asian and European indices also
traded in green zone.
Back home, India's Current Account Deficit (CAD) for January to March quarter lowered to 3.6% of GDP standing at
$18.1 billion as against historically high level of 6.7% in December quarter. However, the Current Account Gap for the
FY13 broadened to $87.8 billion, which is 4.8% of GDP. (News)
State owned, Oil India soared 2.32% on BSE on reports of company raising $900 million for completion of acquisition
of its latest stake buy out in Mozambique gas project. (News)
Religare Enterprises tumbled 5.83% on BSE after its Board approved the stake offer of Customers Bancorp Inc.,
(CUBI) to acquire 6% shares in the company for $51 million. (News)
The market breadth on the BSE closed in positive. Advancing and declining stocks were 1242 and 1155 respectively,
while 134 scrips remained unmoved.
The S&P BSE Sensex ended at 18875.95, up 323.83 points or 1.75%. The 30 share index touched a high and a low
of 18925.75 and 18688.28 respectively. 20 stocks advanced against 10 declining ones on the benchmark index.
The CNX Nifty gained 93.65 points or 1.68% to settle at 5682.35. The index touched high and low of 5699.35 and
5630.95 respectively. 37 stocks advanced against 13 declining ones on the index.
S&P BSE Sensex CNX Nifty
The S&P BSE Mid-cap index moved up to 5832.58 and gained 0.26% while S&P BSE Small-cap index jumped up by
0.32% to 5567.25.
The broader S&P BSE 500 index increased to 6993.04 (up 1.39%) and CNX 500 index rose to 4393.90 (up 1.35%).
The volatility as denoted by INDIA VIX lost 10.54% at 18.85 from its previous close of 21.07 on Wednesday.
Sectors in action
On the BSE Sectorial front, Oil & Gas (up 3.22%), Information Technology (up 3.15%) and Healthcare (up 2.49%)
were the top gainers.
Consumer Durables (down 1.08%) and Capital Goods (down 0.04%) were the top losers.
The Angels and the Devils
Oil and Natural Gas Corporation Ltd (up 4.14%), Tata Consultancy Services Ltd (up 3.85%), HDFC Bank (up 3.62%),
Sun Pharmaceutical Industries Ltd (up 3.54%) and Reliance Industries Ltd (up 3.48%) were the top gainers on the
Sensex.
Maruti Suzuki India Ltd (down 1.90%), Tata Motors Ltd (down 1.35%), NTPC Ltd (down 0.53%), Coal India Ltd (down
0.49%) and Bharat Heavy Electricals Ltd (down 0.37%) were the top losers on the Sensex.
Benchmark Drivers
Reliance Industries Ltd (59.09 points), HDFC Bank (51.19 points), Infosys Ltd (46.12 points), Tata Consultancy
Services Ltd (38.53 points) and Housing Development Finance Corporation Ltd (38.33 points) were the major Sensex
drivers today.

2. On the other end Reliance Industries Ltd (14.09 points), HDFC Bank (13.51 points), Infosys Ltd (12.21 points), Tata
Consultancy Services Ltd (9.55 points) and Housing Development Finance Corporation Ltd (9.46 points) were the
major Nifty movers today.
Pivot, Supports and Resistance Levels
CNX Nifty is now pivoted at 5671 for next session. The next support is at 5642 and on upside it has a resistance at
5711 levels.
CNX Nifty
Eff. Date S 3 S 2 S 1 PIVOT R 1 R 2 R 3 Actual Close
28-Jun-2013 5574 5602 5642 5671 5711 5739 5779 -
27-Jun-2013 5511 5545 5567 5601 5623 5657 5679 5682.35
26-Jun-2013 5468 5519 5564 5615 5660 5711 5756 5588.70
S&P BSE Sensex has a pivot at 18830 with first level of support and resistance at 18734 and 18972 respectively.
S&P BSE Sensex
Eff. Date S 3 S 2 S 1 PIVOT R 1 R 2 R 3 Actual Close
28-Jun-2013 18497 18593 18734 18830 18972 19067 19209 -
27-Jun-2013 18305 18410 18481 18586 18657 18762 18833 18875.95
26-Jun-2013 18162 18325 18477 18640 18792 18955 19107 18552.12
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