America done with; politics at play on Dalal Street

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	Dated:20 November,2013

Top Headlines Big bucks are in midcap stocks, not largecaps: Analysts Analysts are betting big on midcap quality stocks which are still trading 20-30 per cent off their all-time highs. Sensex ends 256 pts down after late trade selloff The markets saw a steep decline in the last half hour of trade, with Sensex slipping more than 300 points and Nifty dipping to near 6,100 in the short span. America done with; politics at play on Dalal Street The advent of America's QE tapering has been pushed back to at least next year; this is the general consensus among experts. Views on Stocks/Markets Nomura's top five largecap picks in an uncertain market Book profits in Jubilant Food, positive on Sun Pharma: Gaurang Shah Fresh positions in midcaps showing decent nos: Prakash Diwan IPO/Global Markets Bernanke lifts Asian shares Tokyo stocks down 0.33% China shares end up Rupee / Gold Bearish on Re: DBS Bank Gold rebounds by Rs 320 Rupee snaps 4-day gains More 'Market' News Rupee to hit 70, or will it stabilise? Experts starkly divided CLSA and UBS see the rupee depreciating to 70 levels against dollar, even as others feel the currency would probably stabilise at 62-64. What will drive Sensex higher, earnings growth or PE expansion? The Sensex has gained a little over 7% in the 2013 so far. According to CLSA, 17 per cent of the rally was purely at the cost of expanding multiples. Sugar stocks surge upto 20% ahead of high-level meet Bajaj Hindusthan surged as much as 18.13 per cent in morning trade, followed by Oudh Sugar which rose over 19.81 per cent.	Market Round-up SENSEX 20635.13 -255.69 NIFTY 6122.90 -80.45 S&P500 1,682.32 10.61 NASDAQ 3,726.90 20.72 USD/INR 62.1802 -.37 USD/INR 62.1802 -.37 NSE Gainers Scrip Price(Rs.) %Change Banco Products (India) Lt 66.30 + 20.00 Wyeth Ltd. 780.10 + 20.00 Bafna Pharmaceuticals Ltd 30.65 + 19.96 Sterling Biotech Ltd. 7.30 + 19.67 Texmo Pipes & Products Lt 6.15 + 19.42 NSE Losers Scrip Price(Rs.) %Change Parenteral Drugs (India) 36.45 -11.10 Glory Films Ltd. 1.10 -8.33 Deep Industries Ltd. 35.95 -7.70 Gallantt Metal Ltd. 19.35 -7.19 Jyoti Structures Ltd. 21.30 -6.58

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