Cognizant results may cap rally in IT stocks and other ET stories

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	Dated:07 February,2014

Top Headlines Top bets on D-Street that can beat off market volatility Any dips in the markets can be used by investors to build positions or accumulate quality names in their portfolio, say analysts. Experts bet on a big bounce on D-Street ahead of elections 2014 The market is clearly undecided about a direction at this point in time, and the coming elections are seen as a make-or-break event. Cognizant results may cap rally in IT stocks; buy on dips, say analysts Analysts expect Indian IT majors to give steady returns, but say that investors should not expect the stocks to lead the market in a rally. Views on Stocks/Markets Stocks like TCS, Reliance losing ground: Ashwani Gujral Avoid power sector till the 2014 polls: Equinomics M&M Fin, L&T Fin to post constant growth: Expert IPO/Global Markets HK shares have best day in a month Nikkei gets biggest gain in a week Seoul shares up on US labour data Rupee / Gold Rupee at 1-week high Gold rises on sustained buying Gold set for weekly gain More 'Market' News Aurobindo Pharma rallies 8%, hits 52-week high post strong Q3 show Aurobindo Pharma rallied as much as 8.6% to touch its 52-week high, after it reported a growth of 354% in its net profit during Dec 2013 quarter. Investors in commodity exchanges jump ship as trade sinks ICEX is set to fold as a result of the govt's failure to liberalise and investors retreat after a major financial scandal at another exchange last year. Sensex rises 66 points to one-week high; growth estimates eyed Sensex ended 66 points up at one-week high levels led by gains in Tata Steel, Sun Pharma and Sesa Sterlite, ahead of advance growth estimates for 2013/14.	Market Round-up SENSEX 20376.56 65.82 NIFTY 6063.20 26.90 S&P500 1,782.59 -11.60 NASDAQ 4,103.88 -19.25 USD/INR 62.3043 -.11 USD/INR 62.3043 -.11 NSE Gainers Scrip Price(Rs.) %Change Himadri Chemicals & Indus 19.35 + 19.81 Kanani Industries Ltd. 13.10 + 19.63 Zuari Global Ltd. 70.50 + 14.91 Punj Lloyd Ltd. 31.60 + 13.26 Sundaram Multi Pap Ltd. 18.30 + 11.93 NSE Losers Scrip Price(Rs.) %Change Integra Garments And Text 1.90 -9.52 Apar Industries Ltd. 117.35 -8.64 Simbhaoli Sugars Ltd. 11.90 -8.11 AGC Networks Ltd. 54.95 -7.96 Aegis Logistics Ltd. 150.95 -7.76

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