Daily Equity Report By www.epicresearch.co - 13 December 2012

Daily Indian Market Indian equity markets down by 0.18% Nifty down by 10.80 pts and settle at 5888.00 Sensex down by 31.88 pts at 19355.26 Bank Nifty down by 42.90 pts at

Indore, India (prHWY.com) December 13, 2012 - Daily Equity Report by www.epicresearch.co - 13 December 2012
Daily Indian Market
Indian equity markets down by 0.18%
Nifty down by 10.80 pts and settle at
5888.00
Sensex down by 31.88 pts at 19355.26
Bank Nifty down by 42.90 pts at
12301.70
Global Market
European markets were up with FTSE
up by 13.40 pts at 5938.37 ,CAC down by
4.21 pts 3641.94 and DAX up by 19.61 pts
at 7609.36
Dow future up by 13.00 pts at 13291.00

Market Analysis
Key benchmark indices edged lower for fourth straight day in a row to settle at over one week low
weighed by data showing acceleration in consumer price inflation in November 2012. Strong growth in
industrial production October 2012 raising the odds that the Reserve Bank of India would keep its key
policy rate steady for the fifth time at its monetary policy review next week also dampened sentiment.
 BSE Sensex was down 31.88 points or 0.16% to 19,355.26
 S&P CNX Nifty was down 10.80 points or 0.18% to 5,888.
 From the 30-share Sensex pack, 19 stocks fell while rest of them rose.
 IT stocks were mostly higher amid sustained optimism for an agreement on upcoming US tax hikes and
spending cuts, ahead of the conclusion of a Federal Open Market Committee that may see it undertake
more asset buying. US is the biggest outsourcing market for the Indian IT firms. India's second largest
software services exporter by revenues Infosys rose 0.18%.India's largest software services exporter by
revenues Tata Consultancy Services (TCS) gained 0.45%.

News you can use
ONGC to undertake exploratory work in
KG basin
* NMDC $1.1bn share sale 28% covered:
Exchange data
* Unexecuted order book currently at Rs
9500cr: ABG Shipyard
* Govt yet to take decision on raising LPG
supply cap: Moily
Factors to watch:
NIFTY
Nifty looks Consolidate
Strategy: Sell on rise
Support: 5850
Resistance: 5930
BANK NIFTY

Bank Nifty looks Consolidate
Strategy: Sell on rise
Support: 12230
Resistance: 12370
STOCKS TO WATCH
HCL TECHNOLOGIES
 APTECH
 ITC
 JP ASSOCIATE
SCRIPS IN BAN PERIOD
IVRCLINFRA
 KTKBANK
 PANTALOONR
SUZLON

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