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Equity Weekly Update Sensex 19270.06 650.34 Nifty 5680.40 208.

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For the week 9 September to 13 September 2013

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Nifty Future 5695.00 233.00

Weekly Outlook: - Macroeconomic data, rupee movement may dictate trend The movement of rupee and crude oil prices, trend in investment by FIIs, data on industrial production for July 2013, data on inflation based the CPI for August 2013 and US job data for August 2013 will dictate trend on the bourses during truncated trading week. Investors are awaiting government measures for reducing fuel consumption as a sharp slide in rupee against the dollar this year and higher crude oil prices have triggered concerns about increase in India's fiscal deficit and current account deficit. Asian markets will on Monday, react to the influential US nonfarm payroll report for August 2013. The employment numbers will be keenly watched given the implications for the timing of the Federal Reserve's plan to begin slowing the pace of its monetary stimulus. Weekly Movement of Market Key Indices Nifty Sensex Bank Nifty CNX IT NSE Midcap BSE Auto BSE FMCG BSE Metal BSE Oil & Gas BSE Power BSE PSU BSE Reality Top Gainer/ Loser BSE Engineers India MCX YES Bank Ltd. L&T Finance BHEL Container Corp Pipavav Def Adani Enter. Sesa Goa Tata Power Global Markets Shanghai Nikkei HangSeng FTSE CAC DAX DJIA NASDAQ . Level 5680.40 19270.06 9961.40 8216.50 6767.55 10416.32 6490.67 8148.09 8572.54 1436.55 5405.14 1211.18 Level 168.15 448.10 292.75 67.25 Change 208.60 650.34 912.20 -165.90 177.75 214.15 148.37 363.20 423.13 49.95 415.32 37.51 Change 36.35 92.90 60.40 11.60 Change (%) 3.81 3.49 10.08 -1.98 2.70 1.15 2.34 4.67 5.19 3.60 8.32 3.20 Change (%) 27.58 26.15 26.00 20.84 20.47 -30.39 -26.23 -9.37 -8.86 -7.86 Change (%) 1.98 3.52 4.09 2.10 2.93 2.13 0.76 1.95 Weekly Chart Nifty

Technical View: - On the daily chart of nifty we can see nifty has bounced back from its lower levels and has broken its resistance level of 5530. Currently nifty is trading above its 8 days, 13 days and 21 days EMA. Nifty can touch 5750-5800 in upper side from there a profit booking rally we can expect.

141.55 24.05 712.95 -311.20 40.65 -14.45 136.45 -14.10 175.45 -17.05 70.90 -6.05 Level Change Asian 2139.99 41.61 13,860.80 471.94 22621.20 889.83 European 6,547.33 134.40 4049.19 115.41 8,275.67 172.52 US 14,922.50 112.19 3,660.01 70.14

Weekly Round up: Sensex regains 19,000 Key benchmark indices edged higher in the week as the rupee recovered against the dollar after the new central bank Governor Raghuram Rajan announced plans late on Wednesday to bolster the financial industry and stabilize the rupee. The barometer index, the S&P BSE Sensex, regained the psychological 19,000 level after sliding below that level during the week. The market gained in four out of five trading sessions in the week. In the week ended Friday, 6 September 2013, the 30-share S&P BSE Sensex gained 650.34 points or 3.49% to 19,270.06. The 50-unit CNX Nifty advanced 208.60 points or 3.81% to 5,680.40. The S&P BSE Mid-Cap index rose 2.84% and the S&P BSE Small-Cap index gained 2.94%. Both these indices outperformed the Sensex.

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Institutional Activities (Rs Cr) FIIs Monday Tuesday Wednesday Thursday Friday DIIs Monday Tuesday Wednesday Thursday Friday Buy 2513.48 2065.95 2800.26 4293.44 3856.12 Buy 697.06 1400.58 970.18 1158.60 1204.47 Sold 2037.56 2782.11 2627.73 3192.03 3055.41 Sold 982.87 804.15 1192.54 1651.42 1443.00 Net 475.92 -716.16 172.53 1101.41 800.71 Net -285.81 596.43 -222.36 -492.82 -238.53

Calls for the Week Stock on the Move: - LT

Technical View: - On the daily chart of LT we can see stock has bounced back from its lower levels currently stock is trading above its 8 days, 13 days and 21 days EMA. Investor can buy LT near 745 with stop loss of 730 for target price of 770.

Highlights of the Week Currency-swap deal cap raised to $50 bn RBI relaxes norms for non-resident investors Green blockade sends HPCL refinery plan into cold storage Idea Cellular's billion-dollar debt worries analysts Sedan demand plummets amid rising fuel prices CAG pulls up MoEF for favouring R-Power, JP Pharma firms to disclose financial terms of hiring for clinical trials Another hit for Voda as HC turns down transfer pricing petition Nitin Nohria joins Tata Sons board Dasgupta writes to PM, seeks decision on RIL penalty Germany's LMT Tools sets up facility in Chakan UPICO reports return to profit Ashok Leyland to cut debt by Rs 1,000 cr Apollo Hospitals in talks with KKR on fund-raising Odisha files cases against 110 miners for EP Act violation CAG glare on Sterlite for short realisation of environment fund Bihar power companies lodge 4000 FIRs of power theft HCG front runner for Sterling Hospitals India won't withdraw from G20 currency pool India's external debt up 13% at $390 billion in 2012-13 Chavan bats for pro-active role by banks to help SME sector Rising US bond yield may put pressure on RBI to hike rates Dhoot counters RBI application withdrawal statement on bank licence

RBI enhances limit of funds taken out, brought into India per person Forex reserves fall $2.23 billion in a week, at 39-month low RBI issues norms to use dollar-rupee swap window OBC cautious on lending to steel, power, bullion sectors

Derivative Trend

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