The Economic Times Markets Watch Newsletter

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	Dated:15 January,2013

Top Headlines Sensex crosses 20,000-peak after two years; closes a tad lower After breaching the 20,000-mark twice during trading, the BSE benchmark Sensex today finally closed at a tad lower 19,986.82. Expect Indian govt to be more proactive in 2013: JP Morgan AMC "If Indian equities fall for whatever reason, that would be a buying opportunity. If they continue to go up, my natural tendency would be more to sell." RBI policy, budget to drive market in near term: Avinnash Gorakssakar "In all probability, looking at the kind of inflation numbers which came in yesterday, my sense is a 25 bps cut is definitely expected." Views on Stocks/Markets Demand-supply situation favourable for cement cos: IIFL Wealth Prefer HCL, Tech Mahindra to Infosys & TCS: StanChart Sec BofA-ML sees over 39% upside in PTC India IPO/Global Markets Nikkei closes at 32-month high China shares end at 7-1/2-mth high Hong Kong stocks close lower Rupee / Gold Re weakens on oil demand Gold down; silver gains Panic gold buying eases More 'Market' News Will TCS rally further after decent Q3 results? Analysts remain positive on TCS ability to grow faster than the industry in FY14. However, they don't expect a runaway rally in the stock. Timken may opt for OFS over delisting A private listed company must have a minimum public shareholding of 25% by the end of June this year, according to Sebi's minimum public shareholding. Equity funds step up dividends after robust 2012 gains Those having already announced their dividends include a large number of banking-focused schemes, which gained an average of 55 per cent in 2012.	Market Round-up SENSEX 19986.82 80.4101 NIFTY 6056.60 32.5503 S&P500 1,402.22 0.8700 NASDAQ 3,011.25 -4.6100 NSE Gainers Scrip Price(Rs.) %Change Shalimar Paints Ltd. 134.80 + 19.98 BPL Ltd. 23.60 + 10.80 Super Sales India Ltd. 260.45 + 10.78 Aftek Ltd. 10.75 + 10.26 Neo Corp International Lt 35.75 + 10.00 NSE Losers Scrip Price(Rs.) %Change Vikas GlobalOne Ltd. 175.30 -18.06 Arshiya International Ltd 56.85 -9.98 Parekh Aluminex Ltd. 148.05 -9.97 Precot Meridian Ltd. 104.25 -8.27 TCI Finance Ltd. 31.20 -7.83

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The Economic Times Markets Watch Newsletter

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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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