The markets ended flat on the last trading day of 2012 with the Sensex closing at 19426.71, down 0.09% and the Nifty at 5905.10, down 0.06%. Investors were concerned about the failure of a fiscal cliff deal in the US that could push the US economy into recession. Real estate, consumer durables, and power sectors saw gains while capital goods, FMCG and IT saw losses. Pivot levels and support and resistance levels are provided for the Sensex and Nifty for the next session.

1. Markets end flat on last trading day of CY2012; Nifty retains 5900
Market Summary
31-Dec-2012
Tracking global cues, markets opened and traded subdued on last trading day of the year 2012. Investors globally,
were seen concerned over U.S.“fiscal cliff” deal. As a consequence of the failure of the deal, the tax hikes and
spending cuts to the tune of over 600 billion dollars are scheduled to take effect from tomorrow, which in turn could
push the US economy back in recession. Sensex as well as Nifty ended flat retaining their key levels of 19400 and
5900 respectively.
The market breadth on the BSE closed in positive. Advancing and declining stocks were 1564 and 1291 respectively,
while 141 scrips remained unmoved.
The BSE Sensex ended at 19426.71, down 18.13 points or 0.09%. The 30 share index touched a high and a low of
19491.58 and 19406.17 respectively. 17 stocks advanced against 13 declining ones on the benchmark index.
The S&P CNX Nifty lost 3.25 points or 0.06% to settle at 5905.10. The index touched high and low of 5919.00 and
5897.15 respectively. 29 stocks advanced against 21 declining ones on the index.
Sensex Nifty
The BSE Mid-cap index moved up to 7112.89 and gained 0.28% while Small-cap index jumped up by 0.51% to
7379.94.
The broader BSE 500 index increased to 7581.57 (up 0.12%) and S&P CNX 500 index rose to 4743.45 (up 0.11%).
The volatility as denoted by INDIA VIX gained 9.68% at 14.95 from its previous close of 13.63 on Friday.
Sectors in action
On the BSE Sectorial front, Real Estate (up 1.00%), Consumer Durables (up 0.80%) and Power (up 0.47%) were the
top gainers.
Capital Goods (down 0.33%), FMCG (down 0.27%) and Information Technology (down 0.05%) were the top losers.
The Angels and the Devils
GAIL (India) Ltd (up 1.29%), Tata Power Company Ltd (up 1.19%), Hindalco Industries Ltd (up 0.89%), Tata Motors
Ltd (up 0.89%) and Wipro Ltd (up 0.79%) were the top gainers on the Sensex.
ITC Ltd (down 0.81%), Larsen And Toubro Ltd (down 0.76%), Maruti Suzuki India Ltd (down 0.75%), Cipla Ltd (down
0.55%) and Housing Development Finance Corporation Ltd (down 0.53%) were the top losers on the Sensex.
Benchmark Drivers
ITC Ltd (-15.38 points), Larsen And Toubro Ltd (-8.07 points), Housing Development Finance Corporation Ltd (-7.74
points), ICICI Bank (-6.79 points) and Tata Motors Ltd (5.76 points) were the major Sensex drivers today.
On the other end ITC Ltd (-4.29 points), Housing Development Finance Corporation Ltd (-2.43 points), Larsen And
Toubro Ltd (-2.12 points), Tata Consultancy Services Ltd (-2.05 points) and Tata Motors Ltd (1.37 points) were the
major Nifty movers today.
Pivot, Supports and Resistance Levels
S&P CNX Nifty is now pivoted at 5907 for next session. The next support is at 5895 and on upside it has a resistance
at 5917 levels.
S&P CNX Nifty
Eff. Date S3 S2 S1 PIVOT R1 R2 R3 Actual Close
01-Jan-2013 5873 5885 5895 5907 5917 5929 5939 -
31-Dec-2012 5850 5865 5887 5901 5923 5937 5959 5905.10
28-Dec-2012 5780 5822 5846 5889 5912 5955 5978 5908.35

2. Sensex has a pivot at 19441 with first level of support and resistance at 19391 and 19477 respectively.
Sensex
Eff. Date S3 S2 S1 PIVOT R1 R2 R3 Actual Close
01-Jan-2013 19306 19356 19391 19441 19477 19527 19562 -
31-Dec-2012 19252 19299 19372 19419 19492 19539 19611 19426.71
28-Dec-2012 19047 19175 19249 19377 19451 19579 19654 19444.84
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