Sensex zooms by 520 points, Gold hits 23-month low

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	Dated:28 June,2013

Top Headlines Sensex zooms by 520 points as energy sector shares rally Sensex today jumped up by a staggering 520 points, its biggest single-day gain in 22 months, to close above the 19,000-mark. ONGC, OIL, GAIL, RIL to benefit from gas price hike: CLSA The CCEA approval for doubling natural gas price is likely to benefit ONGC, Oil India and GAIL but the neatest beneficiary will be RIL, says CLSA. Gold hits 23-month low at Rs 25,650 on weak global cues All round selling by stockists and investors shifting their funds to surging equities mainly pulled down gold prices to a level last seen on Aug' 11. Views on Stocks/Markets Nifty may touch 5880-5900 on the upside: Sandeep Wagle How gas price hike will impact oil & gas stocks TTK Healthcare may surge 50% in next six months IPO/Global Markets Nikkei jumps 3.5 pc China shares up HK shares climb to 1-wk high Rupee / Gold Re rally, but outlook intact Gold set for worst qtr in 45 yrs Rupee gains most in 9 months More 'Market' News Accenture outlook clouds IT sector; HCL, Wipro top buys: Nomura However, most of the IT stocks bounced back towards the close of the trading day, but the outlook still remains clouded. JM Financial sees over 37% upside in Axis Bank JM Financial has retained its ‘Buy’ rating on Axis Bank on the private bank's strong momentum in its retail business. Crompton Greaves board approves Rs 265.7 cr share buyback Electrical equipment maker Crompton Greaves today said its board has approved buyback of 10 pc shares from the open market valued at Rs 265.7 cr.	Market Round-up SENSEX 19395.81 519.86 NIFTY 5842.20 159.85 S&P500 1,613.20 .00 NASDAQ 3,401.86 25.64 USD/INR 60.4412 .18 NSE Gainers Scrip Price(Rs.) %Change Todays Writing Instrument 10.65 + 719.23 First Winner Industries L 30.30 + 450.91 Almondz Global Securities 26.90 + 212.79 Parrys Sugar Industries L 52.10 + 185.48 Melstar Information Techn 6.80 + 147.27 NSE Losers Scrip Price(Rs.) %Change Celebrity Fashions Ltd. 2.50 -50.98 Bodhtree Consulting Ltd. 16.25 -38.45 IMP Powers Ltd. 26.50 -32.05 Sambhaav Media Ltd. 1.05 -30.00 Software Technology Group 2.60 -25.71

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