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	Dated:14 January,2013

Top Headlines Sensex hits two-year high on GAAR deferral, rate-cut hopes Giving a big relief to overseas investors, Chidambaram postponed implementation of controversial GAAR provisions to April 1, 2016. Sensex to rise to 21,700 by year end: Nomura Nomura picks ICICI Bank, ITC, Mahindra & Mahindra, Dr Reddy's Lab, and Zee Entertainment Enterprises as its top picks for the year. TCS Q3 FY13 PAT at Rs 3,550 crore, up 26.7% Y-o-Y Commenting on the results, TCS CEO N Chandrasekaran said, "We have had an excellent quarter of well rounded performance." Views on Stocks/Markets Midcap IT could do well: Rajen Shah, Angel Broking RIL may rally 10 per cent from current levels: CLSA Correction in ITC shares overdone: Goldman Sachs IPO/Global Markets Asian stocks drift up HK stocks end up China at highest level Rupee / Gold Re up on rate cut hopes Gold declines; silver up Gold importers retreat More 'Market' News Expect Nifty to touch 6350 in near term: Jigar Shah, Kimeng Securities "We are expecting a 1.5% earning growth quarter on quarter and a 20% kind of growth year on year. " Improvement in tech spending to augur well for Infosys: Religare Capital "Infy clearly positively surprised on the organic growth. Our view on Infy has been that we need to see improvement in organic growth." Is Bajaj Corp's rally sustainable? While the company's stock remains a long-term buy, the stretched valuations may lead to the company's stock price peaking in the near term.	Market Round-up SENSEX 19906.41 242.7696 NIFTY 6024.05 72.7500 S&P500 1,402.22 0.8700 NASDAQ 3,011.25 -4.6100 NSE Gainers Scrip Price(Rs.) %Change Alkyl Amines Chemicals Lt 193.55 + 19.99 Sandesh Ltd. 331.00 + 19.99 Nagreeka Exports Ltd. 22.05 + 19.84 Orissa Minerals Developme 4,372.70 + 13.61 PC Jeweller Ltd. 172.20 + 10.53 NSE Losers Scrip Price(Rs.) %Change Parekh Aluminex Ltd. 164.45 -9.99 Arshiya International Ltd 63.15 -9.98 Dhanus Technologies Ltd. 1.00 -9.09 Creative Eye Ltd. 5.45 -8.40 Surana Ventures Ltd. 31.70 -7.71

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