Sensex falls 383 pts, has Raghuram's rally ended, or paused & more from ET

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	Dated:20 September,2013

Top Headlines Sensex falls 383 points after RBI hikes interest rate The Sensex slumped the most in almost three weeks, closing down 383 points after the RBI unexpectedly hiked the repo rate to check inflation. Fed party over: Nifty seen headed towards 5,500 levels According to analysts, with important events out of the way, the Nifty is likely to give away most of the gains in the near term. Sensex sinks: Has Raghuram Rajan rally ended, or paused? The S&P BSE Sensex has rallied a little over 10% or 2,000 points in September and has created more doubts then optimism about markets. Views on Stocks/Markets Repo rate has been hiked to curb inflation: Keki Mistry, HDFC Expect auto sector to withstand six months of slowdown: Jigar Shah Only a few Nifty stocks seem to be driving markets: Quantum Securities IPO/Global Markets Asian markets slip EMs lead world stocks rally Europe markets near 5-yr high Rupee / Gold Rupee falls to 62.23 Gold falls to Rs 30,780 Gold pares post-Fed gains More 'Market' News Raghuram interrupts September rally of 2,000 points Blame the RBI credit policy, but the markets are deep in the red, wiping out most of the gains seen on Thursday. Time to hold on to tech stocks, and exit rate-sensitives? Market is likely to peter out from the current levels as the economy faces tough environment and the rate-sensitives are likely to underperform. Expect RBI to maintain hawkish stance if inflation not tamed Nifty may continue to see selling pressure in the coming week also. 6000-6250 remains a crucial resistance level.	Market Round-up SENSEX 20263.71 -382.93 NIFTY 6012.10 -103.45 S&P500 1,682.32 10.61 NASDAQ 3,726.90 20.72 USD/INR 61.7212 -1.47 USD/INR 61.7212 -1.47 NSE Gainers Scrip Price(Rs.) %Change Metkore Alloys & Industri 8.05 + 16.67 Lloyd Electric and Engine 37.55 + 14.31 Ajanta Pharma Ltd. 761.50 + 13.77 Time Technoplast Ltd. 33.50 + 12.79 TV18 Broadcast Ltd. 22.30 + 12.34 NSE Losers Scrip Price(Rs.) %Change Mohit Industries Ltd. 27.00 -12.20 Kanani Industries Ltd. 10.30 -11.97 DLF Ltd. 151.50 -11.61 NCC Ltd. 17.90 -11.60 Educomp Solutions Ltd. 18.45 -10.00

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